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110th Ter, Miami, FL 33161
Offering:
For Sale
Location:
Miami, FL 33161
Subdivision:
BISCAYNE SHORES CORR PLAT
Status:
Active
$739,000
Deemed reliable but not guaranteed.
Details
Year built:
1954
Levels:
One
Stories:
1
Parking:
6 spaces
Days on market:
208
Annual tax (2025):
$8,212
Type:
Triplex
MLS ID
A11965310
Virtual tour:
Listed by:
Dalton Wade Inc (DLTW01)
Listing office phone:
888-668-8283
Listing office email:
Listing agent:
Elizabeth Hicks (3625758)
Features
Utilities
Available:
Cable Available
Sewer:
Septic Tank
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 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.
Price history
$749,000 → $739,000
·
Reduced by
$10,000 (1.3%) · 2 price changes
Location
1220-1222 NE 110th TerMiami, FL 33161
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MLS information
Last updated Sep 10, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
