1220-1222 NE 110th Terrace, Miami, FL 33161

$739,000
Property Type: Residential Income Square Footage: 2,090 Status: Active
Current Price: $739,000 List Date: 2/13/2026 Last Modified: 9/09/2026

Overview

Description

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 t ...

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

Status Change Information

Major Change Timestamp
2026-08-10T16:54:25Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-10T16:54:25Z
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
353.58

Section Details

Parcel Number MLX
0370

Originating Details

Originating System Key
426795813
Originating System ID
M00000151
IDX
Listing Office: Dalton Wade Inc
Source MLS Verified
Last Updated: September - 09 - 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.

Scroll to Top