1400 NE 111th St
1400, 111th St, Miami, FL, 33161Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 3
- Lot size: 19180, 19180 sq ft
- Year built: 1962
- County: Miami-Dade
- MLS ID: A11919179
Description
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Description:
32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1 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.
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Building Details
- Building Name: 1400 NE 111th St
- Structure Type: Apartment,MultiFamily
- Water Source: Public
- Sewer: Other
- Construction Materials: Block
- Covered Spaces: 0
- Number Of Buildings: 1
- Floor covering: Carpet, CeramicTile, Laminate
Amenities & Features
- Security Features: Fenced
- Roof: Composition
- Cooling: WallWindowUnits
- Heating: WindowUnit,WallFurnace
Expenses, Fees & Taxes
- Tax Annual Amount: $38,375
- Tax Year: 2024
Miscellaneous
- List Office Name: Canvas Real Estate
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1400, 111th St, Miami, FL, 33161 was built in 1962, and is listed at $4,000,000.