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$895,000
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Property Description
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.
Full Property Details
Full Property Details for 1297 NE 110th Terrace
General
- Price: $895,000
- Taxes: $8,369 (2025)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11971424
- Updated: 2/26/2026
- Added to Site: 37 day(s) ago
Rental Information
- Rent Includes: Cable TV, Gardener
Parking
- Total Spaces: 3
Location
- Area: Biscayne Shores Corr Plat
- County: Miami-Dade County
- Subdivision: BISCAYNE SHORES CORR PLAT
- Building Name: BISCAYNE SHORES CORR PLAT
Community
- Community Name: Biscayne Shores Corr Plat
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete, Flat Roof With Facade Front
- Windows: Clear Impact Glass, High Impact Windows
- Stories/Levels: 1
- Building Size: 1970
- Square Feet: 1,970
- Living Area: 1,970 Sq. Ft.
- Year Built: 1948
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3700
Financial Considerations
- Price Per Sq. Ft.: $454.31
- Operating Expenses: $60,667
- Tax Amount: $8,369
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Investment Analysis
- Legal Description: BISCAYNE SHORES CORR PLAT PB 23-52 LOT 1 BLK 2 LOT SIZE 50.000 X 124 OR 19095-4382 01 2000 4
- Property ID: 30-22-32-010-0150
Listed by Douglas Elliman
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Schools
Schools serving 1297 NE 110th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Miami Shores Elementary School 10351 Northeast 5th Avenue, Miami Shores, FL 33138 | PK-5 | 1.1 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 2.4 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1297 NE 110th Terrace
Date
Details
Price
Change
Source
2/26/2026
Listed
$895,000
131.72%
MLS
8/23/2019
Sold
$386,250
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1297 NE 110th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,145
5%
$612,680
1%
2024
$8,717
13%
$606,941
15%
2023
$7,723
39%
$526,099
89%
2021
$5,551
-10%
$278,844
-20%
2022
$6,182
11%
$349,612
-9%
2021
$5,551
19%
$384,081
68%
2019
$4,683
38%
$228,252
84%
2018
$3,388
5%
$124,263
-38%
2017
$3,212
11%
$200,654
95%
2016
$2,883
5%
$102,698
10%
2015
$2,758
28%
$93,362
10%
2014
$2,153
3%
$84,875
4%
2013
$2,095
—
$81,942
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1297 NE 110th Terrace
1297 NE 110th Ter, Miami, FL 33161 (MLS# A11971424) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1297 NE 110th Ter is currently listed for $895,000 and was received on February 26, 2026. Want to learn more about 1297 NE 110th Ter? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

