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About This Home
This 0-bedroom, 0-bathroom commercial at 1400 NE 111th St in Miami, FL is listed for $4,000,000. Built in 1962, on a 0.44 acres lot.
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.
Key Features
- Built in 1962
- 0.44 acre lot
Property Details
Monthly Cost Estimate
$21,393/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1400 NE 111th St
Miami, FL 33161
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1400 NE 111th St is listed at $4,000,000. The estimated monthly payment is $17,333 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.44 acre lot.
This property is listed by Lorenzo Gutierrez and can be reached at 9543327121 or yumigutierrez@gmail.com.
