ActiveTriplex
1220-1222 NE 110th Ter, Miami FL 33161
Miami, FL 33161 · MLS #A11965310The residence
About this property
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.
At a glance
Property details
- Property type
- Triplex
- Listing type
- For sale
- Status
- Active
- Living area
- 2,090 sq. ft.
- Year built
- 1954
- Lot size
- 0 sq. ft.
- Subdivision
- BISCAYNE SHORES CORR PLAT
- County
- Miami-Dade County
- Days on market
- 208
- Original list price
- $749,000
- Listing date
- February 13, 2026
- Annual property tax
- $8,212 (2025)
- Listing agent
- Elizabeth Hicks
- Listing office
- Dalton Wade Inc
- MLS number
- A11965310
Neighborhood & location
Explore BISCAYNE SHORES CORR PLAT
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,737
- Property taxes
- $684
- Homeowners insurance
- $370
- Estimated total
- $4,791
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of Dalton Wade Inc, 888-668-8283.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.