1239 NE 110th St Miami, FL 33161
4,995 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,995 sqft
Price per Sqft $495
Subdivision Biscayne Shores
MLS Listing ID A12071356
Style Fourplex
HOA Y/N No
Year Built 1947
Annual Tax Amount $22,663
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently.
This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!
Location
State FL
County Miami-dade
Community Biscayne Shores
Area 22
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 11
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 30-22-32-010-0411
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12071356
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