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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1220-1222 NE 110th Ter , Miami, FL 33161
$739,000
Est. Payment: $3,838.05/mo
4 Bed
3 Bath
2090 Sqft
Status: Active | Days on site: 178
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House Description

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now leased at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Highlights

Listed by Elizabeth Hicks , 941-266-6873 Dalton Wade Inc , 888-668-8283. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1954

County

Miami-Dade

Area

21

Neighborhood

Biscayne Shores Corr Plat

Listing ID

A11965310

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Tile

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:6
Zoning:3700
Roof:Other
Sewer:Septic Tank
Principal Interest
$3,838
Taxes
$684

Home Price

$739,000

Loan Details

30 yrs
6.759%

Down Payment

20%
$147,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,838.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,838.05 $684.33 $0.00 $4,522.38
Yearly $46,056.59 $8,212.00 $0.00 $54,268.59
Total $1,381,697.81 $246,360.00 $0.00 $1,628,057.81

Today's Rates

30 Year

6.76%

20 Year

6.46%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Miami, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-09T12:30:29.000Z

© 2026 REALTOR Association of Greater Miami and the Beach