1400 NE 111th Street, Miami, FL 33161
Listing Snapshot
| List Price | $4,000,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.44 acres |
| Year Built | 1962 |
| Property Tax | $38,375/yr |
| MLS # | 1147470564 |
| Status | Active |
| Days on Market | 179 |
About This Home
Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 3
- Zoning
- 3800
- Security
- SecurityFence
- Utilities
- SewerAvailable
Interior Features
- Flooring
- Carpet,CeramicTile,Laminate
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Lot Features
- ResidentialLot,QuarterToHalfAcreLot
Community Features
- MLS Area
- 2220
Map
Virtual Tour
View Virtual TourMLS# 1147470564 · BEACH
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Estimate Your Payment
20% down · Loan: $3,200,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.