Miami, FL 33161 1400 NE 111th St
$4,000,000


Presented By: This listing is courtesy of Canvas Real Estate
Home Details
Prime North Miami 18-Unit Multifamily Asset
Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.
Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.
Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
Presented By: This listing is courtesy of Canvas Real Estate
Interior Features for 1400 NE 111th St
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet, Ceramic Tile, Laminate
Heating Y/NYes
General for 1400 NE 111th St
Building Name1400 NE 111th St
CityMiami
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
Full Baths
HeatingWindow Unit, Wall Furnace
Lease Considered Y/NYes
Legal Description32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1
Listing TermsCash, Conventional
Lot Size Square Feet19180
Lot Size UnitsSquare Feet
MLS Area22
Number Of Units Total18
Occupancy TypeTenant
PostalCityMiami
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofComposition
Security FeaturesFenced
SewerOther
Standard StatusActive
StatusActive
Stories Count3
Structure TypeApartment, Multi Family
Tax Annual Amount38375
Tax Year2024
Tenant PaysElectricity, Water
Virtual TourClick here
Year Built1962
Zoning Description3800
Exterior for 1400 NE 111th St
Building Area Total16239
Covered Spaces
Lot Size Area19180
Number of Buildings1
Road Frontage TypeCity Street
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lorenzo Gutierrez
Realtor®
Joaquin Gutierrez Mireya Mora
Broker-Associate & Realtor®
SQFT • 16,239