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1220-1222 NE 110th Terrace, Miami, FL 33161
$749,000
Property Type:
Residential Income
Square Footage:
2,090
Status:
Active
Current Price:
$749,000
List Date:
2/13/2026
Last Modified:
7/02/2026
Overview
Description
...
(Read more)
Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now leased at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.
Listing Details MLS# A11965310
General Property Information
- Number Of Units Total
- 3
- Property Sub Type
- Triplex
- Building Area Main
- 2090
- Living Area Main
- 2090
- Adjusted Area Main
- 1555
- Year Built
- 1954
- Parking Total
- 6
- Stories Total
- Yes
- Pool Private YN
- No
Property Features
Documents Available:
Copy Of Lease(s); Deposit - Security; Rent Rolls
Flooring:
Tile
Construction Materials:
Block
Cooling:
Central Air; Electric
Heating:
Central; Separate Meters
Listing Terms:
Cash; Conventional; FHA-VA Approved
Possession:
Close Of Escrow; Negotiable
Roof:
Other
Sewer:
Septic Tank
Tax Information:
Tax Reflects No Exemptions
Utilities:
Cable Available
Showing Requirements:
24 Hour Notice; Call Listing Agent
Unit 1 Other Equipment:
Air Conditioning Unit
Unit 1 Parking Features:
Parking Space
Unit 2 Other Equipment:
Air Conditioning Unit
Unit 2 Parking Features:
Parking Space
Unit 3 Other Equipment:
Air Conditioning Unit
Unit 3 Parking Features:
Parking Space
Contract Information
- Comp Sale YN
- No
- Original List Price
- 749000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 1220-1222
- Street Direction Prefix
- NE
- Street Name
- 110th
- Street Suffix
- Terrace
- City Name
- Miami
- Municipal Code
- 30
- State Or Province
- FL
- Postal Code
- 33161
- Postal Code +4
- 7625
- Postal Zip
- 33161
- Subdivision Name
- BISCAYNE SHORES CORR PLAT
- Area
- 2220
- Elementary School
- Miami Shores
- Middle Or Junior School
- Horace Mann
- High School
- Miami Edison
- Parcel Number
- 3022320100370
- Subdivision Number
- 10
- Zoning
- 3700
- Flood Zone
- X
Financial Information
- Tax Annual Amount
- 8212
- Tax Year
- 2025
- Tax Legal Description
- BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 4
- Estimated Monthly Assoc Recurring Fee
- 0
Status Change Information
- Major Change Timestamp
- 2026-02-13T05:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-02-13
More Information
Income and Expenses
- Gross Income
- 5095
Unit 1 Details
- Actual Rent
- 1495
- Baths Full
- Yes
- Efficiency YN
- Yes
- Furnished
- Unfurnished
- SqFt
- 400
Unit 1 Lease Description
- Currently Leased YN
- Yes
Unit 2 Details
- Actual Rent
- 1750
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
- SqFt
- 845
Unit 2 Lease Description
- Lease Term
- Month To Month
Unit 3 Details
- Actual Rent
- 1850
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
- SqFt
- 845
Unit 3 Lease Description
- Currently Leased YN
- Yes
Price Calculations
- Current Price To SqFt
- 358.37
Section Details
- Parcel Number MLX
- 0370
Originating Details
- Originating System Key
- 426795813
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Flooring
- Tile
- Yes
Documents Available
- Copy Of Lease(s)
- Yes
- Deposit - Security
- Yes
- Rent Rolls
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
Heating
- Central
- Yes
- Separate Meters
- Yes
Construction Materials
- Block
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA-VA Approved
- Yes
Roof
- Other
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Call Listing Agent
- Yes
Tax Information
- Tax Reflects No Exemptions
- Yes
Unit 1 Other Equipment
- Air Conditioning Unit
- Yes
Unit 1 Parking Features
- Parking Space
- Yes
Unit 2 Other Equipment
- Air Conditioning Unit
- Yes
Unit 2 Parking Features
- Parking Space
- Yes
Unit 3 Other Equipment
- Air Conditioning Unit
- Yes
Unit 3 Parking Features
- Parking Space
- Yes
Listing Office:
Dalton Wade Inc
Last Updated: July - 02 - 2026
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