1297 Ne 110th Ter, Miami, FL 33161
- $895,000
- 1,970
- SqFt
- Sold Price
- $895,000
- List Price
- $895,000
- Closing Date
- May 08, 2026
- MLS
- A11971424
- Complex Name
- Biscayne Shores Corr Plat
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 1,970
Property Description
Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.
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Additional Information
- Days on Market
- 31
- Style
- Triplex
- #Parking Spaces
- 3
- Year Built
- 1948
- Development Name
- Biscayne Shores Corr Plat
- #Stories
- 1
- Construction Type
- Concrete Block Construction
- Section
- 32
Mortgage Calculator
Listing Courtesy of Douglas Elliman, Contact:
Selling Office: The Agency Real Estate Firm LLC.