1220-1222 NE 110th Ter, Miami FL 33161
Triplex at BISCAYNE SHORES CORR PLAT in Miami
$739,000
Listing courtesy of Dalton Wade Inc; Elizabeth Hicks. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
n/a
n/a
2090
Triplex, Residential Income
Details
Overview
Description
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 leased 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.
This triplex home located at 1220-1222 NE 110th Ter, Miami FL 33161 is currently for sale and has been available on Brickellsold for 208 days. This property is listed at $739K. It has N/A beds, N/A bathrooms, and is 2090 square feet. It was built in 1954. 1220-1222 NE 110th Ter, Miami FL 33161 is in Miami county Miami-Dade County.
Interior
- Flooring: Tile
- Common walls with other units/homes: Attached, Detached
Property
- Parking Features:
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1954
Community & HOA
- Security Features:
- Subdivision: BISCAYNE SHORES CORR PLAT
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- David Lawrence Jr. K-8 Center PLC South Campus • 0.0 mi • K-12
- W.J. Bryan Elementary • 0.0 mi • K-12
- Miami Shores Elementary • 0.0 mi • K-12
- North Miami Adult Education • 0.0 mi • K-12
- North Miami Senior High • 0.0 mi • K-12
- Phyllis Ruth Miller Elementary • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
