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1239 NE 110th Street, Miami, FL 33161

$2,475,000

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https://www.propertypanorama.com/instaview/mia/A12067670

Property Type: Commercial Sale Square Footage: 4,995 Status: Active

Current Price: $2,475,000 List Date: 8/06/2026 Last Modified: 8/22/2026

Overview

Description

Eleven-unit garden apartment community in unincorporated Miami-Dade County, one block west of Biscayne Boulevard between Miami Shores and North Miami. Single-story reinforced concrete, built in 1947, renovated in 1997 and 2019, arranged around a central lawn with eleven surface parking spaces. Seven studios and four one-bedrooms. Ten units are occupied; the eleventh is ready for immediate lease. Each unit is separately metered for electric, and roofing, windows, and mechanical systems can be inspected and priced without opening walls.Priced at $2,475,000, or $225,000 per unit. 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 assumptio ... (Read more)

Listing Details MLS# A12067670

General Property Information

Number Of Buildings: 5
Property Sub Type: Multi Family
Number Of Units Total: Yes
Price Per Unit: 225000
Occupant Type: Tenant
Building Area Main: 4995
Year Built: 1947
Lot Size Area: 17000
Lot Size Acres: 0.39

Property Features

Possession: Negotiable; Subject To Tenant Rights Sale Includes: Building; Land Construction Materials: CBS Listing Terms: Cash; Conventional Roof: Shingle Special Information: Corporate Owned Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 2475000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1239
Street Direction Prefix: NE
Street Name: 110th
Street Suffix: Street
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33161
Postal Code +4: 7611
Area: 2220
Parcel Number: 3022320100411
Subdivision Number: 10
Zoning: 3700
Flood Zone: AE,X

Financial Information

Tax Legal Description: 32 52 42 BISC SHORES CORR PL PB 23-52 LOTS 18-19 & 20 LESS W14FT OF LOT 18 BLK 3 LOT SIZE 17000 SQ FT M/L

Status Change Information

Major Change Timestamp: 2026-08-06T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-14

More Information

Building and Property Details

# Of Tenants: 11

Meter Information

Number Of Meters Total: 11

Income and Expenses

Occupancy Percentage: 91

Description of Unit Type 1

Unit Type: Efficiency
Units Total: 7
Furnished: No

Price Calculations

Current Price To SqFt: 495.49

Section Details

Parcel Number MLX: 0411

Originating Details

Originating System Key: 544360997
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Special Information

Corporate Owned: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Listing Office: Keller Williams Legacy

Last Updated: August - 22 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1239 NE 110th Street, Miami, FL 33161 (MLS# A12067670)