1220-1222 NE 110th Ter Miami, FL $ 749,000
1220-1222 NE 110th Ter
$ 749,000
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1220-1222 NE 110th Ter

Miami, FL, 33161
$ 749,000
Baths1.0 Sq 2,090

Monthly Estimate*

$ 4,612

1220-1222 NE 110th Ter, Miami, FL 33161 - Image 1
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Studio

Multi-Family Home for sale in Miami, FL

for $749,000 with 1 full bath. This 2,090 square foot home was built in 1954.

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 actively marketed 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.

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Multi-Family Active

Price

$ 749,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,212

Style

Year Built

1954

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11965310

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Other
Pool Features None
Construction Materials Block
Year Built 1954
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name BISCAYNE SHORES CORR PLAT
Rent Includes Other
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Miami
Zoning Description 3700
Number Of Units Total 2
MLS Area 21
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Year Built Details Effective Year Built
Tax Annual Amount 8212
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11965310
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Triplex
Legal Description BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 4
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 6
Building Area Total 2090
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Dalton Wade Inc

Broker

hicks.elizabeth98@gmail.com

Email

Affordability Calculator

$5,296
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,612
Monthly Property Taxes
$684
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/13/2026 $749,000 Listed Price

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1220-1222 NE 110th Ter, Miami, FL, 33161 is a Multi-Family Home for sale at $749,000 with 2,090 sqft. 1220-1222 NE 110th Ter is a studio with 1.0 baths and was built in 1954. The property's zip code is 33161 which is in Miami, FL