Basic Information

  • MLS # A11965310
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Biscayne Shores Corr Plat
  • Year Built 1954
  • Total Sqft 2,090
  • Date Listed 02/13/2026
  • Days on Market 79
Description

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now actively marketed at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 2,090Sq.Ft
  • Sqft 2,090 Sq.Ft

Property Features

  • Aprox. Lot Size 2,090
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Biscayne Shores Corr Plat
  • Tax Amount $8,212
  • Tax Year 2025

1220-1222 NE 110th Ter

Miami, FL 33161

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