1350 NE 111th Street, Miami, FL 33161 (MLS# A12085641)

1350 NE 111th Street, Miami, FL 33161

$1,199,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12085641

Property Type: Residential Income Square Footage: 1,853 Status: Active

Current Price: $1,199,000 List Date: 9/09/2026 Last Modified: 10/26/2026

Overview

Description

Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors.Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals.An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants.Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighbo ... (Read more)

Listing Details MLS# A12085641

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1853
Living Area Main: 1853
Adjusted Area Main: 1804
Year Built: 1952
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Financial Statement; Rent Rolls Electric: Circuit Breakers Exterior Features: Lighting Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale; Updated/Remodeled Structure Type: Multi Family Construction Materials: CBS; Other Heating: Separate Meters; None Laundry Features: Outside Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle; Other Sewer: Septic Tank Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Deck Unit 1 Appliances: Disposal; Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Disposal; Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking Unit 3 Appliances: Disposal; Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Gas Tank Leased; Smoke Detector(s) Unit 3 Parking Features: Open Parking Unit 4 Appliances: Disposal; Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1400000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1350
Street Direction Prefix: NE
Street Name: 111th
Street Suffix: Street
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33161
Postal Code +4: 7406
Postal Zip: 33161
Subdivision Name: JAFFE SUB
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Parcel Number: 3022320160120
Subdivision Number: 16
Zoning: 3700
Flood Zone: AE

Financial Information

Tax Annual Amount: 10749
Tax Year: 2025
Tax Legal Description: JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3

Status Change Information

Major Change Timestamp: 2026-10-26T18:40:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T18:40:27Z
Status Change Date: 2026-09-09

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 8600

Storm Protection

Impact Glass: Partial

Unit 1 Details

Actual Rent: 2600
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 2600
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 3 Lease Description

Lease Term: Month To Month

Unit 4 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 4 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 647.05

Section Details

Parcel Number MLX: 0120

Originating Details

Originating System Key: 562475179
Originating System ID: M00000151

Listing Office: Miles Goldstein Real Estate

Last Updated: October - 26 - 2026

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