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1120 NE 111th St, Miami FL 33161

Multi-family For Sale
$450,000

BTC: 5.55555556

ETH: 183.74846876

New
0 room(s)
1,652 sqft

Overview

SHORT SALE OPPORTUNITY. Purchase price and all terms are subject to lender approval. Great investment opportunity in Miami! This well-maintained duplex includes two 2-bedroom 1-bath units, separate electrical meters, no carpet, stainless steel appliances, and wall/window A/C units. Both units are currently tenant-occupied, providing immediate rental income, with one unit renting for $2,556/month and the other for $2,200/month, for a total of $4,756 in monthly rental income. Tenant pays electric and landlord pays water. Excellent opportunity for an investor looking to add an income-producing property to their portfolio.

Location

Florida • Miami • 33161 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Central / Window/Wall
Price/sqft:
$272
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$524,950
$366K – $692K
Confidence Low
List vs. estimate
$74K below estimate
List $450,000 · -14.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$272
-37.6% vs. city median $436
Based on
46 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $791K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,520
2025
Parking
3 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Window/Wall

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 30-22-32-003-0740

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $9,520

  • Source details

    • MLS ID: A12074896

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 1652

    • Subdivision Name: BISCAYNE BLVD PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33161
285
median $675K
Active
Same city
Miami
12,543
median $640K
Active
Same type
Multi-family
535
median $995K
Active
Similar price
$315K – $585K
3,416
median $450K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Borell Realty, LLC