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$1,400,000
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Property Description
Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors. Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals. An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants. Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighborhoods. Located in an area experiencing significant redevelopment and continued investment, this turnkey fourplex presents a compelling opportunity for an investor seeking a multifamily asset with multiple rental strategies and long-term upside.
Full Property Details
Full Property Details for 1350 NE 111th St
General
- Price: $1,400,000
- Taxes: $10,749 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12085641
- Updated: 9/9/2026
- Added to Site: 31 day(s) ago
Rental Information
- Rent Includes: Electricity, Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water
Interior
- Flooring: Ceramic Floor
Exterior
- Exterior Features: Exterior Lights
- Deck/Patio: Deck
Parking
- Total Spaces: 4
Location
- Area: Jaffe Sub
- County: Miami-Dade County
- Subdivision: JAFFE SUB
- Building Name: JAFFE SUB
Community
- Community Name: Jaffe Sub
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction, Other
- Roof: Other, Shingle
- Windows: Partial Impact Glass, Blinds, High Impact Windows
- Stories/Levels: 1
- Building Size: 1853
- Square Feet: 1,853
- Living Area: 1,853 Sq. Ft.
- Year Built: 1952
- Property Condition: Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $755.53
- Tax Amount: $10,749
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Financial Statement, Rent Rolls
- Legal Description: JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3
- Property ID: 30-22-32-016-0120
Listed by Miles Goldstein Real Estate
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Schools
Schools serving 1350 NE 111th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
David Lawrence Jr. K-8 Center 15000 Bay Vista Boulevard, North Miami, FL 33181 | PK-5 | 2.9 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 1.8 mi |
Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 2601 Ne 151st St, Miami, FL 33160 | 9-12 | 3 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 1350 NE 111th St
Date
Details
Price
Change
Source
9/09/2026
Listed
$1,400,000
278.38%
MLS
6/16/2020
Sold
$370,000
—
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 1350 NE 111th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,198
7%
$587,614
2%
2024
$10,471
14%
$576,592
19%
2023
$9,188
53%
$485,632
64%
2021
$6,012
-6%
$295,249
-16%
2022
$6,401
6%
$349,612
46%
2021
$6,012
47%
$239,748
50%
2019
$4,102
9%
$159,956
10%
2018
$3,775
2%
$145,415
-33%
2017
$3,685
7%
$216,087
80%
2016
$3,441
5%
$120,179
10%
2015
$3,290
27%
$109,254
10%
2014
$2,584
3%
$99,322
4%
2013
$2,501
—
$95,135
—
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 1350 NE 111th St
1350 NE 111th St, Miami, FL 33161 (MLS# A12085641) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1350 NE 111th St is currently listed for $1,400,000 and was received on September 09, 2026. Want to learn more about 1350 NE 111th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

