1239 NE 110th St, Miami FL 33161

Description of 1239 NE 110th St, Miami FL 33161

Eleven-unit garden apartment community in unincorporated Miami-Dade County, one block west of Biscayne Boulevard between Miami Shores and North Miami. Single-story reinforced concrete, built in 1947, renovated in 1997 and 2019, arranged around a central lawn with eleven surface parking spaces. Seven studios and four one-bedrooms. Ten units are occupied; the eleventh is ready for immediate lease. Each unit is separately metered for electric, and roofing, windows, and mechanical systems can be inspected and priced without opening walls. Priced at $2,475,000, or $225,000 per unit. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently. Three institutional projects totaling 948 units are under construction within roughly a mile, delivering at rents this property does not compete with. The workforce demand those projects create operates in this price band. A full offering memorandum with comparable sale detail, the itemized expense build, and submarket documentation has been prepared for this offering.

Property Details for 1239 NE 110th St, Miami FL 33161

Pool Private

No

Building Information for 1239 NE 110th St, Miami FL 33161

Building Area Total

4995

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 1239 NE 110th St, Miami FL 33161

Lot Size Square Feet

17,000

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records for 1239 NE 110th St, Miami FL 33161

Parcel Number

30-22-32-010-0411

Tax Legal Description

32 52 42 BISC SHORES CORR PL PB 23-52 LOTS 18-19 & 20 LESS W14FT OF LOT 18 BLK 3 LOT SIZE 17000 SQ FT M/L

Zoning

3700

County Or Parish

Miami-Dade County

Location