$2,475,000
1239 NE 110th St, Miami FL 33161
Miami, FL, 33161
- Year Built
- 1947
- Property Type
- Quadruplex
- Annual Taxes
- $22,663/yr
- MLS #
- A12071356
Area profile — Miami
- Flood zone
- AE · 9 ftFlood insurance required with a mortgage
- To the beach
- 14 minLummus Park Beach access
- To the airport
- 22 minMiami International Airport (MIA)
- Typical commute
- 27 min
Area-level data from FEMA and public sources. Confirm the exact parcel with your agent and on the FEMA flood map.
Market Position
Using 162 of 162 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $2,475,000 · area median: $1,590,000
- Days on market
- 0 · area median: 66
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Aug 14, 2026 · Newest source update: Aug 14, 2026
Listing courtesy of Keller Williams Legacy · 954-358-6000
Listed by Kevin Kohler
Last updated: Aug 14, 2026
Overview
11 UNIT Commercial Multifamily garden apartment community in a pocket of unincorporated Miami-Dade, one block west of Biscayne Blvd between Miami Shores and North Miami. Single-story reinforced concrete, renovated in 2019, arranged around a central lawn. *UNIT MIX: 7x Studio, 4x 1BR* Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently. This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!
Features
Flooring
Heating
Cooling
Style
est.$14,404/mo
Est. payment based on a $2,475,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. Listed tax reflects the current owner's bill; Florida reassesses at market value after a sale, so a buyer's tax is often higher. For information only; actual amounts vary.
Similar Properties
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