$4,000,000

1400 NE 111th St, Miami FL 33161

Income/MultiFamily
Built in 1962
19,180 Square Feet lot
11 days on market

About this property

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.

Property Details

Exterior

  • Lot Features: In Residential Area
  • Waterfront: No

Interior

  • Building Area Total: 16239
  • Cooling Type: Wall/Window Unit(s)
  • Flooring: Carpet | Ceramic Floor
  • Heating Type: Wall/Window Units
  • Stories: 3

Location

  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • Road Frontage (Length/Type): City Street
  • Zoning: 3800

Construction

  • New Construction: No
  • Sewer: Other
  • Water Source: Public

Public Info

  • Lot Size: 19,180 Square Feet
  • Year Built: 1962
  • APN: 30-22-32-000-0090

Tax Information

  • Annual Tax Amount: $38,375
  • Tax Year: 2024

Price History

12/5/2025 Listed for Sale
Source: Miami REALTORS®
$4,000,000
5/1/2024 Leased
Source: Miami REALTORS®
$1,850
$2/sqft
3/15/2024 Leased
Source: Miami REALTORS®
$1,850
$2/sqft

Walk Score

Walk Score
74
Walk Score®
Very Walkable
Transit Score
0
Transit Score®
Full Walk Score
Bike Score
64
Bike Score®
Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.