1239 110th Street, Miami, FL 33161

$2,475,000 — Active

Property Features

Map Map It    Virtual Tour

11 UNIT Commercial Multifamily garden apartment community in a pocket of unincorporated Miami-Dade, one block west of Biscayne Blvd between Miami Shores and North Miami. Single-story reinforced concrete, renovated in 2019, arranged around a central lawn. *UNIT MIX: 7x Studio, 4x 1BR* Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently.This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!

Property Details

  • Listing ID: A12071356
  • Status: Active
  • Listing Date: 2026-08-14
  • Property Type: Quadruplex
  • Subdivision: BISCAYNE SHORES
  • County: Miami-Dade
  • MLS Area: 2220
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 17000
  • Year Built: 1947

Financial

  • List Price: $2,475,000
  • HOA Fee: None
  • Taxes: $22,663/yr

Features & Amenities

  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall, Separate Meters
  • Flooring: Tile, Vinyl
  • Construction: CBS
  • Roof: Shingle

Courtesy of Keller Williams Legacy
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.