1297 110th Ter ,Detached, Triplex, Biscayne Shores Corr Plat for Sale

1297 110th Ter for Sale

Price $895,000.00

• Lot size 1970
• Year Build 1948
• Waterfront
• Zip 33161
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.

BISCAYNE SHORES CORR PLAT PB 23-52 LOT 1 BLK 2 LOT SIZE 50.000 X 124 OR 19095-4382 01 2000 4

Less Than 1/4 Acre Lot

Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.

City:Miami,Roof:1:Flat Roof With Facade Front,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.8776539,Cooling Y N:1,List Price:895000,Listing Id:A11971424,Longitude:-80.1717281,Mls Status:Active,Year Built:1948,Living Area:1970,Postal Code:33161,Street Name:110th Ter,Coordinates:1:25.8776539,Photos Count:47,Building Name:BISCAYNE SHORES CORR PLAT,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Biscayne Shores Corr Plat,On Market Date:2026-02-26,Parcel Number:30-22-32-010-0150,Parking Total:3,Property Type:Residential Income,Rent Includes:1:Gardener,Stories Total:1,Street Number:1297,M I A M I R E_ Style:Triplex,Public Remarks:Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.,County Or Parish:Miami-Dade County,Expiration Date:2026-08-26,List Office Name:Douglas Elliman,Standard Status:Active,Window Features:1:High Impact Windows,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7665,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:BISCAYNE SHORES CORR PLAT,Tax Annual Amount:8369,Total Actual Rent:128954,Unparsed Address:1297 NE 110th Ter, Miami FL 33161,Listing Agreement:Exclusive Right To Sell,Operating Expense:60667,Year Built Details:Resale,Building Area Total:1970,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:454.3147,Original List Price:895000,Public Survey Range:22,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:68286,Number Of Units Total:3,Syndication Remarks:Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.,Listing Contract Date:2026-02-26,Originating System I D:miamire,Public Survey Section:32,Showing Instructions:24 Hour Notice,Street Number Numeric:1297,Tax Legal Description:BISCAYNE SHORES CORR PLAT PB 23-52 LOT 1 BLK 2 LOT SIZE 50.000 X 124 OR 19095-4382 01 2000 4,M I A M I R E_ Current Price:895000,Public Survey Township:22,M I A M I R E_ Municipal Code:30,M I A M I R E_ Total Mortgage:309000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1528,M I A M I R E_ Internet Remarks:Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.,M I A M I R E_ Parcel Number M L X:0150,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.877675$-80.171701$324.62$13.33$1.00$iqiKbzWxhQJkcTtEmk6RGg,Contract Status Change Date:2026-02-26,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:10,M I A M I R E_ Agent Alternate Phone:786-300-6334,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1297 NE 110th Ter,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:454.31,Internet Automated Valuation Display Y N:1,