$1,400,000
Miami, FL 33161
MLS# A12085641
1853 sqft
1 / 76
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-09
Status: Active
Original List Price: 1400000
List Price: $1,400,000
Current Price: $1,400,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33161
Subdivision Number: 16
Flood Zone: AE
Country: United States
Street Number: 1350
Street Direction Prefix: NE
Street Name: 111th
Street Suffix: Street
State Or Province: FL
Postal Code: 33161
Postal Code +4: 7406
Subdivision Name: JAFFE SUB
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Parcel Number: 3022320160120
Zoning: 3700
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 1804
Living Area Main: 1853
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1853
Year Built: 1952
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 10749
Tax Year: 2025
Tax Legal Description: JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3
Office/Member Information
DXORIGMLSID: SEF
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Documents Available
Financial Statement: 1
Rent Rolls: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
None: 1
Construction Materials
CBS: 1
Other: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Other: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 8600
Cooling
Electric: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Storm Protection
Impact Glass: Partial
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Deck: 1
Unit 1 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 2600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1700
Baths Full: 1
Efficiency YN: No
Furnished: Furnished
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Gas Tank Leased: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1700
Baths Full: 1
Efficiency YN: No
Furnished: Furnished
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 755.53
Section Details
Parcel Number MLX: 0120
Status Change Information
Major Change Timestamp: 2026-09-09T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-09
Originating Details
Originating System Key: 562475179
Originating System ID: M00000151
Property Features
Documents Available: Financial Statement; Rent Rolls
Electric: Circuit Breakers
Exterior Features: Lighting
Fencing: Fenced
Flooring: Ceramic Tile
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: CBS; Other
Heating: Separate Meters; None
Laundry Features: Outside
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Shingle; Other
Sewer: Septic Tank
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Outdoor Living Spaces: Deck
Unit 1 Appliances: Disposal; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Disposal; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Disposal; Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Gas Tank Leased; Smoke Detector(s)
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Disposal; Microwave; Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking
Listing Office: Miles Goldstein Real Estate
Last Updated: September - 09 - 2026
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