Land for sale in Miami, Miami-Dade, Florida, USA № 614784

Land for sale in Miami, Miami-Dade, Florida, USA № 614784 3

Land for sale in Miami, Miami-Dade, Florida, USA № 614784 4

$ 4 000 000

Miami, USA

Contact seller

Parameters

614784

Address

1400 NE 111th St, Miami FL 33161

Type

Land

Completion date

IV quarter, 1962

Property description

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.