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1216-1218 NE 112th St, Miami FL 33161

Multi-family For Sale
$975,000

BTC: 12.82894737

ETH: 390.00000000

30 days
0 room(s)
1,810 sqft

Overview

Passive income from day one! Pride of ownership is evident throughout this beautifully maintained 2019 built duplex. Currently leased annually and generating over $70,000 per year, the property offers significant upside with the potential for short-term or Airbnb rentals. Featuring 4 bedrooms and 4 full baths total, each side offers a spacious 2 bedroom, 2 bath layout with a low-maintenance design and no renovations needed. Each unit features impact windows and doors, high ceilings, an open floor plan, and stylish Italian kitchens with quartz countertops and stainless steel appliances. Additional amenities include full size, in-unit washer and dryers, smart thermostats, and central A/C. Primary suites offer private en-suite baths and walk-in closets. Both units also feature private, fenced-in backyards with decks, perfect for entertaining or pets. A brand new apartment complex just completed one street over is already fully rented, reflecting the continued investment and growing demand in rejuvenated North Miami. Whole Foods, fantastic restaurants, shopping and A-rated schools are all 5-10 minutes away. Take advantage of this great income potential without any HOA fees. An excellent opportunity to own a turn-key, income producing property in one of Miami’s increasingly sought after and evolving areas, with immediate cash flow and future upside.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2019
Lot:
No Data
Heating:
Central
Price/sqft:
$539
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$504,000
$436K – $880K
Confidence Low
List vs. estimate
$471K above estimate
List $975,000 · +93.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$538
+23.4% vs. city median $436
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $726K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,837
2026
Parking
8 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 30-22-32-015-0820

    • Zoning: 3700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $14,837

  • Source details

    • MLS ID: A12072107

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Architectural Style: Attached

    • Living Area: 1810

    • Water Source: Municipal Water

    • Subdivision Name: BAYVIEW ACRES

Private inquiry
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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: Investcounsel, LLC