1220-1222 NE 110th Ter, Miami, FL 33161

Description of 1220-1222 NE 110th Ter, Miami, FL 33161

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.

Property Details for 1220-1222 NE 110th Ter, Miami, FL 33161

Flooring

Tile

Heating

Central

Cooling

Central Air, Electric

Architectural Style

Attached, Detached

Pool Private

No

Year Built Details

Effective Year Built

Building Information for 1220-1222 NE 110th Ter, Miami, FL 33161

Building Name

BISCAYNE SHORES CORR PLAT

Building Area Total

2090

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 1220-1222 NE 110th Ter, Miami, FL 33161

Lot Features

Less Than 1/4 Acre Lot

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Other

Sewer

Septic Tank

New Construction

No

Public Records for 1220-1222 NE 110th Ter, Miami, FL 33161

Parcel Number

30-22-32-010-0370

Tax Annual Amount

$8,212

Tax Year

2025

Tax Legal Description

BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 4

Zoning

3700

County Or Parish

Miami-Dade County

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