12195 NE 11th Pl North Miami, FL $ 1,050,000
12195 NE 11th Pl
$ 1,050,000
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12195 NE 11th Pl

North Miami, FL, 33161
$ 1,050,000
Bedrooms6 Baths6.0 Sq 3,502

Monthly Estimate*

$ 7,252

12195 NE 11th Pl, North Miami, FL 33161 - Image 1
12195 NE 11th Pl, North Miami, FL 33161 - Image 2
12195 NE 11th Pl, North Miami, FL 33161 - Image 3
12195 NE 11th Pl, North Miami, FL 33161 - Image 4
12195 NE 11th Pl, North Miami, FL 33161 - Image 5
12195 NE 11th Pl, North Miami, FL 33161 - Image 6
12195 NE 11th Pl, North Miami, FL 33161 - Image 7
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Commercial Property for sale in North Miami, FL

for $1,050,000 with 6 bedrooms and 6 full baths. This 3,502 square foot building was built in 1959 on a lot size of 0.155.

Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.

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Commercial Active

Price

$ 1,050,000

Bedrooms

6

Full Bath

6

Property Type

Commercial

Taxes

$ 19,827

Style

Lot Size

0.155

Year Built

1959

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A12119821

Features
General
Sewer Other
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Shingle
Security Features Other
Construction Materials CBS (Concrete Block Structure) Block
Year Built 1959
Electric Separate Meters
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Multi Family
Ownership Self Proprietor/Individual
County Miami-Dade
Property Type Commercial Sale
Full Baths 6
Status Active
City North Miami
Zoning Description 3700
Number Of Units Total 6
MLS Area 22
Lot Size Units Square Feet
Lot Size Square Feet 6750
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 19827
Ok to Lease 12 Months
MLS Area Minor Hollywood East (3010-3050)
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12119821
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description 29 52 42 PALOMAR SUB PB 7-158 LOT 6 BLK 4 LOT SIZE 50.000 X 135 OR 14286-4282 1089 1
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Interior
Flooring Other
Air Conditioning Y/N true
Total Bedrooms 6
Total Baths 0
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Exterior
Parking Features Assigned
Lot Features Flood Zone
Water Source Public
Total Parking 6
Lot Size Area 6750
Number of Buildings 1
Building Area Total 3502
Lot Size Acres 0.155
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
Julies Realty, Llc

Broker

kerby@juliesrealty.net

Email

Affordability Calculator

$8,904
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,252
Monthly Property Taxes
$1,652
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
DatePricePrice ChangeDescription
11/7/2026$1,050,000 Listed Price

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12195 NE 11th Pl, North Miami, FL, 33161 is a Commercial Property for sale at $1,050,000 with 3,502 sqft and a lot size of 0.155. 12195 NE 11th Pl has 6 bedrooms, 6.0 baths, and was built in 1959. The property's zip code is 33161 which is in North Miami, FL