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1120 NE 111th St, Miami FL 33161

Multi-family Active With Contract
$450,000

BTC: 5.50290431

ETH: 185.03289474

54 days
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. Cash only. As-is sale, buyer is responsible to cure any violations or expired permit issues.

Location

Florida • Miami • 33161 • Multi-family • Active With Contract

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
$662,450
$557K – $874K
Confidence Low
List vs. estimate
$212K below estimate
List $450,000 · -32.1%
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
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $788K
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
125
median $675K
Active
Same city
Miami
5,686
median $650K
Active
Same type
Multi-family
224
median $900K
Active
Similar price
$315K – $585K
1,594
median $457K
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