1220-1222 NE 110th Ter, Miami, FL 33161

• 2,090 sqft

Property 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 actively marketed 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.

Listing Status:

Active

Date Added:

February 13, 2026

Data Last Updated:

March 12, 2026 at 7:09PM

Listing Office:

Dalton Wade Inc : 941-266-6873

Listing Agent:

Elizabeth Hicks : 941-266-6873

MLS ID:

A11965310

Interior

• Flooring: Tile
• A/C: Central AirElectric
• Heating: Central

Exterior

• Style: AttachedDetached

Construction

• Roofing: Other
• General: Concrete Block Construction1

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 3700BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 430-22-32-010-0370

Utilities

• Sewer: Septic Tank

Financial

• Source: Miami Association of REALTORS®