$1,199,000
1350 NE 111th St, Miami FL 33161
52 days on marketPrice reduced $201,000 on Oct 26, 2026
- Living area
- 1,853 sqft
- Price per sqft
- $647
- Type
- Quadruplex
- Year built
- 1952
- Taxes
- $10,749/yr
- MLS #
- A12085641
About this home
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.
Estimated subtotal
$896/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $896
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33161
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Miles Goldstein Real Estate
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.