$749,000

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

  • 2,090 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $358/sqft
  • Property List Date Icon Listed 2 months ago

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:
April 30, 2026 at 10:06PM
Listing Office:
Dalton Wade Inc : 941-266-6873
Listing Agent:
Elizabeth Hicks : 941-266-6873
MLS ID:
A11965310
  • Flooring: Tile
  • A/C: Central AirElectric
  • Heating: Central
  • Style: AttachedDetached
  • Roofing: Other
  • General: Concrete Block Construction1
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • 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
  • Sewer: Septic Tank
  • Source: Miami Association of REALTORS®

This listing courtesy of Elizabeth Hicks , Dalton Wade Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby