1350 111th St ,Other, Quadruplex, Jaffe Sub for Sale

1350 111th St for Sale

Price $1,400,000.00

• Lot size 1853
• Year Build 1952
• Waterfront
• Zip 33161
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

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.

JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3

Less Than 1/4 Acre Lot

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.

City:Miami,Roof:1:Shingle,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.8781261,Cooling Y N:1,List Price:1400000,Listing Id:A12085641,Longitude:-80.1705819,Mls Status:Active,Year Built:1952,Living Area:1853,Postal Code:33161,Street Name:111th St,Coordinates:1:25.8781261,Photos Count:76,Building Name:JAFFE SUB,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Jaffe Sub,On Market Date:2026-09-09,Parcel Number:30-22-32-016-0120,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Pest Control,4:Sewer,5:Trash Collection,6:Water,Stories Total:1,Street Number:1350,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-03-09,List Office Name:Miles Goldstein Real Estate,Standard Status:Active,Window Features:1:Blinds,2:High Impact Windows,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7406,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:JAFFE SUB,Tax Annual Amount:10749,Unparsed Address:1350 NE 111th St, Miami FL 33161,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:1853,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:755.5316,Original List Price:1400000,Public Survey Range:22,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:4,Syndication Remarks: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.,Listing Contract Date:2026-09-09,Originating System I D:miamire,Public Survey Section:32,Showing Instructions:24 Hour Notice,Appointment Only,Street Number Numeric:1350,Tax Legal Description:JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3,M I A M I R E_ Current Price:1400000,Public Survey Township:22,Construction Materials:1:Other,M I A M I R E_ Municipal Code:30,M I A M I R E_ Total Mortgage:416500,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1804,M I A M I R E_ Exp Incl Retax Y N:1,M I A M I R E_ Internet Remarks:Turnkey furnished North Miami fourplex with 4 units, STR license, 2021 renovations & prime location near Biscayne Blvd and Bal Harbour.,M I A M I R E_ Parcel Number M L X:0120,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.878089$-80.170524$144.32$13.33$1.00$zJ1i3K8mbwHSXBjPsTL9fA,Contract Status Change Date:2026-09-09,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Exp Incl Electric Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:16,M I A M I R E_ Exp Incl Insurance Y N:1,M I A M I R E_ Agent Alternate Phone:786-859-2735,M I A M I R E_ Exp Incl Management Y N:1,M I A M I R E_ Exp Incl Water Sewer Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1350 NE 111th St,M I A M I R E_ Exp Incl Maintand Repair Y N:1,M I A M I R E_ Exp Incl Lawn Maintenance Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:755.53,Internet Automated Valuation Display Y N:1,