# 1400 NE 111th St, Miami, FL 33161

> **TL;DR:** commercial, $4,000,000, built 1962. Est. $17,333/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,000,000 |
| Year Built | 1962 |
| Lot Size | 19,179 sqft (0.44 acres) |
| Property Type | Commercial (Single Family Attached) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17,333 |
| **Total** | **$17,333** |

## Property Highlights

- Built in 1962
- 0.44 acre lot

## Description

### Agent 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.

## Location

- **Address:** 1400 NE 111th St, Miami, FL 33161
- **County:** Miami-Dade

## Listing Agent

- **Name:** Lorenzo Gutierrez
- **Brokerage:** Canvas Real Estate
- **Phone:** 9543327121
- **Email:** yumigutierrez@gmail.com

## Primary Photo

![1400 NE 111th St - Primary Photo](http://lh.rdcpix.com/7adf292cb33d2da96d82816d7dd66533l-f3678419647r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/1400-ne-111th-st-miami-fl-33161-11919179)*

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**MLS#:** A11919179 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1400-ne-111th-st-miami-fl-33161-11919179)

---

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