Prime North Miami 18-Unit Multifamily Asset
Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.
Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.
Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.
Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.
Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
Property Details
Price:
$4,000,000
MLS #:
A11919179
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Nov 24, 2025
Total Sq Ft:
16,239
Year Built:
1962
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Carpet, Ceramic Floor
Heating
Wall/Window Units
Exterior
Construction Materials
Concrete Block Construction
Roof
Composition Roll
Security Features
Security Fence
Financial
Tax Year
2024
Taxes
$38,375
Map
Community
- Address1400 NE 111th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33161
Market Summary
Current real estate data for Commercial in Miami as of Jan 16, 2026
965
Commercial Listed
202
Avg DOM
10,270
Avg $ / SqFt
$1,384,800
Avg List Price
Property Summary
- 1400 NE 111th St Miami FL is a Commercial for sale in Miami, FL, 33161. It is listed for $4,000,000
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