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About This Home
This 5-bedroom, 5-bathroom multi-family at 1297 NE 110th Ter in Miami, FL is listed for $895,000 ($454 per sqft). Built in 1948, the home offers 1,970 sqft of living space on a N/A lot.
Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities.
Ideal for investors seeking an income-producing multifamily opportunity.
Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.
Key Features
- Built in 1948
- 3 parking spaces
Property Details
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1297 NE 110th Ter
Miami, FL 33161
Biscayne Shores Corr Plat
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 5-bedroom, 5-bathroom multi-family at 1297 NE 110th Ter is listed at $895,000 ($454/sqft). The estimated monthly payment is $3,878 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 3 parking spaces.
This property is listed by Fernanda Moreno and can be reached at 3056956300 or fernanda.moreno@elliman.com.
