1400 NORTH EAST 111TH ST, Miami
$4,000,000 USD
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| Address | 1400 NORTH EAST 111TH ST, Miami |
| Building Name | 1400 NE 111th St |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Business Location | In Residential Area |
| Price | $4,000,000 |
| Property Status | Active |
| MLS Number | A11919179 |
| Property Size | 19180 |
| Lot Size | 19180 |
| Year Built | 1962 |
| Folio Number | 30-22-32-000-0090 |
| Zoning Information | 3800 |
| Days on Market | 118 |
Detailed Description: 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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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33161 |
| Address | 1400 NORTH EAST 111TH ST |
| Business Location | In Residential Area |
| Section | 32 |
| Zip Code (4 Digits) | 7409 |
Financial Information
| Price | $4,000,000 |
| Price per Foot | $0 |
| Folio Number | 30-22-32-000-0090 |
| Tax Amount | $38,375 |
| Tax Year | 2024 |
Full Descriptions
| Detailed Description | 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. |
| Roof Description | Composition Roll |
| Floor Description | Carpet, Ceramic Floor |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Wall / Window Units |
| Water Description | Public |
| Sewer Description | Other |
Property parameters
| Living Area | 19180 |
| Lot Size | 19180 |
| Total Acreage | 0.000 |
| Zoning Information | 3800 |
| Maximum Leasable Size | 19180 |
| Year Built | 1962 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Building Name | 1400 NE 111th St |
| Construction Type | Concrete Block Construction |
| Stories Number | 3 |
| Street Direction | North East |
| Listed with | Canvas Real Estate |