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$2,475,000

For Sale

10 hours ago

1239 Ne 110Th St, Miami, FL

House

MLS® A12067670

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 8
Lot Size 0.39 Acres
Approx. Age 1947
MLS® Number A12067670

Property Address: 1239 Ne 110th St, Miami, FL, 33161-7611

Average square foot calculated using Size range provided by listing agent.

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 assumptions, not statements of current collections. Buyer to verify all information independently.Three institutional projects totaling 948 units are under construction within roughly a mile, delivering at rents this property does not compete with. The workforce demand those projects create operates in this price band. A full offering memorandum with comparable sale detail, the itemized expense build, and submarket documentation has been prepared for this offering.
MLS® NumberA12067670
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$2,475,000List Price
  • Commute

Commute

Starting Address
Destination Address
1239 Ne 110Th St, Miami, FL

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