1120 NE 111th St Miami, FL $ 450,000
1120 NE 111th St
$ 450,000
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1120 NE 111th St

Miami, FL, 33161
$ 450,000
Bedrooms2 Baths1.0 Sq 1,652

Monthly Estimate*

$ 3,108

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Multi-Family Home for sale in Miami, FL

for $450,000 with 2 bedrooms and 1 full bath. This 1,652 square foot home was built in 1956.

SHORT SALE OPPORTUNITY. Purchase price and all terms are subject to lender approval. Great investment opportunity in Miami! This well-maintained duplex includes two 2-bedroom 1-bath units, separate electrical meters, no carpet, stainless steel appliances, and wall/window A/C units. Both units are currently tenant-occupied, providing immediate rental income, with one unit renting for $2,556/month and the other for $2,200/month, for a total of $4,756 in monthly rental income. Tenant pays electric and landlord pays water. Excellent opportunity for an investor looking to add an income-producing property to their portfolio. Cash only. As-is sale, buyer is responsible to cure any violations or expired permit issues.

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Multi-Family Pending

Price

$ 450,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 9,520

Style

Year Built

1956

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12074896

Features
General
Sewer Septic Tank
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Pool Features None
Construction Materials CBS (Concrete Block Structure) Block
Year Built 1956
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Contingency 3rd Party Approval
Subdivision Name BISCAYNE BLVD PARK
Rent Includes Electricity
Full Baths 1
Special Listing Conditions Short Sale
Status Pending
Directions From I-95 take Exit 8B for NW 125th Street/FL-922 and head east. Continue east toward Biscayne Boulevard turn right on NE 12th Avenue then right on NE 111th Street. Property will be on the left at 1120 NE 111th Street Miami FL 33161.
City Miami
Zoning Description 5700
Number Of Units Total 2
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Effective Year Built
Tax Annual Amount 9520
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12074896
Standard Status Pending
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description 32 52 42 BISC BLVD PARK PB 34-96 LOT 3 BLK 5 LOT SIZE 50.000 X 125 OR 20842-0329 11 2002 6 COC 23087-2394 02 2005 4
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Interior
Flooring Ceramic Tile Laminate
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 3
Spa false
Building Area Total 1826
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Borell Realty, Llc

Broker

andrea@borell.com

Email

Affordability Calculator

$3,901
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/3/2026 $450,000 Listed Price

Map


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1120 NE 111th St, Miami, FL, 33161 is a Multi-Family Home for sale at $450,000 with 1,652 sqft. 1120 NE 111th St has 2 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 33161 which is in Miami, FL