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1350 NE 111th St, Miami FL 33161

Multi-family For Sale
$1,400,000

BTC: 17.67676768

ETH: 571.66190282

New
0 room(s)
1,853 sqft

Overview

Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors. Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals. An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants. Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighborhoods. Located in an area experiencing significant redevelopment and continued investment, this turnkey fourplex presents a compelling opportunity for an investor seeking a multifamily asset with multiple rental strategies and long-term upside.

Location

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1952
Lot:
No Data
Heating:
None
Price/sqft:
$756
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$611,000
$435K – $860K
Confidence Low
List vs. estimate
$789K above estimate
List $1,400,000 · +129.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$755
+73.5% vs. city median $435
Based on
41 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $422K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,749
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • None

    Cooling

    • Electric

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 30-22-32-016-0120

    • Zoning: 3700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $10,749

  • Source details

    • MLS ID: A12085641

    Other facts

    • Construction Materials: CBS Construction / Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck

    • Window Features: Partial Impact Glass / Blinds / High Impact Windows

    • Architectural Style: Other

    • Living Area: 1853

    • Water Source: Municipal Water

    • Subdivision Name: JAFFE SUB

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
277
median $679K
Active
Same city
Miami
12,386
median $645K
Active
Same type
Multi-family
535
median $970K
Active
Similar price
$979K – $1.8M
1,732
median $1.3M
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: Miles Goldstein Real Estate