1220-1222 NE 110th Terrace For Sale
Property Details
| Asking Price | $739,000 |
|---|---|
| Price per SqFt | $354 |
| Property Taxes | $8,212 2025 |
| Interior Space | 2,090 SqFt |
| Beds/Baths | —/— |
| Year Built | 1954 |
| Pool | No |
| MLS # | A11965310 |
Location
From the listing
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 leased 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.
Listed by Dalton Wade Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $8,212 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 1220-1222 NE 110th Terrace, Miami, FL 33161
Sales history is unavailable for this property
Listed by Dalton Wade Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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1220-1222 NE 110th Terrace, Miami · MLS A11965310 · $739,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.