1400 111th St ,Free Standing for Sale & Rent

1400 111th St for Sale & Rent

Price $4,000,000.00

• Lot size 19180
• Year Build 1962
• Waterfront
• Zip 33161
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages. Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors. Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.

32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1

In Residential Area

Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages. Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors. Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.

City:Miami,Zoning:3800,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2024,Flooring:1:Ceramic Floor,Latitude:25.8781375,Cooling Y N:1,Heating Y N:1,List Price:4000000,Listing Id:A11919179,Longitude:-80.169603,Mls Status:Active,Year Built:1962,Inclusions:Building & Land,Fixtures,Leases, Equipment,Furniture/Fixtures,Inventory,Leases,Postal Code:33161,Street Name:111th St,Tenant Pays:1:Water,Coordinates:1:25.8781375,Photos Count:4,Building Name:1400 NE 111th St,Business Type:1:Residential-Multi-Family,Days On Market:10,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:22,On Market Date:2025-11-24,Parcel Number:30-22-32-000-0090,Property Type:Commercial Sale,Stories Total:3,Street Number:1400,Public Remarks:Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages. Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors. Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.,County Or Parish:Miami-Dade County,Expiration Date:2026-06-30,List Office Name:Canvas Real Estate,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Zoning: 3800/MULTI-FAMILY - 22-37 U/A,Major Change Type:New,Postal Code Plus4:7409,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:38375,Unparsed Address:1400 NE 111th St, Miami FL 33161,Listing Agreement:Exclusive Right To Sell,Building Area Total:16239,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:19180,M I A M I R E_ Flood Zone:AE,M I A M I R E_ For Sale Y N:1,M I A M I R E_ Num Floors:3,Number Of Buildings:1,Original List Price:4000000,Public Survey Range:22,Documents Available:1:Equipment Inventory,2:Inventory,3:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ For Lease Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Toilets:18,Syndication Remarks:Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages. Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors. Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.,Listing Contract Date:2025-11-24,Originating System I D:miamire,Public Survey Section:32,Street Number Numeric:1400,Tax Legal Description:32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1,M I A M I R E_ Current Price:4000000,Public Survey Township:22,M I A M I R E_ Municipal Code:30,M I A M I R E_ Total Mortgage:885000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units,M I A M I R E_ Parcel Number M L X:0090,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.878128$-80.169583$261.95$13.33$1.00$l4o3YZKLt0mRAoNOmXfkMA,Contract Status Change Date:2025-11-24,Internet Address Display Y N:1,Number Of Units In Community:18,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Building Name Number:1400 NE 111th St,M I A M I R E_ Agent Alternate Phone:305-785-6596,M I A M I R E_ Property Description:18 Unit Multi-Family,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1400 NE 111th St,Internet Automated Valuation Display Y N:1,