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$4,000,000
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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.
Full Property Details
Full Property Details for 1400 NE 111th St
General
- Price: $4,000,000
- Taxes: $38,375 (2024)
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11919179
- Updated: 12/5/2025
- Added to Site: 58 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Interior
- Flooring: Carpet, Ceramic Floor
Additional Information
- Security/Safety: Security Fence
Location
- County: Miami-Dade County
- Building Name: 1400 NE 111th St
Community
- Units Assoc/Comm: 18
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Other
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Composition Roll
- Stories/Levels: 3
- Building Size: 16239
- Year Built: 1962
Unit Information
- Units in Complex: 18
Lot Features
- Lot Size (Sq. Ft.): 19,180
- Lot Features: In Residential Area
- Zoning: 3800
Financial Considerations
- Tax Amount: $38,375
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Additional Assessment, Equipment Inventory, Inventory, Rent Rolls
- Legal Description: 32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1
- Inclusions: Building & Land, Fixtures, Leases, Equipment, Furniture/Fixtures, Inventory, Leases
- Property ID: 30-22-32-000-0090
Listed by Canvas Real Estate
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Schools
Schools serving 1400 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1400 NE 111th St
Date
Details
Price
Change
Source
11/24/2025
Listed
$4,000,000
150%
MLS
2/06/2014
Sold
$1,600,000
—
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 1400 NE 111th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$36,409
4%
$2,500,000
—
2023
$34,895
18%
$2,500,000
28%
2022
$29,605
16%
$1,960,000
36%
2021
$25,483
5%
$1,440,000
6%
2019
$24,211
3%
$1,360,000
—
2018
$23,611
-1%
$1,360,000
1%
2017
$23,777
-1%
$1,350,000
1%
2016
$24,074
2%
$1,340,000
4%
2015
$23,688
100%
$1,293,000
108%
2014
$11,829
12%
$621,101
10%
2013
$10,601
—
$564,638
—
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 1400 NE 111th St
1400 NE 111th St, Miami, FL 33161 (MLS# A11919179) is a Apartment property. 1400 NE 111th St is currently listed for $4,000,000 and was received on November 24, 2025. Want to learn more about 1400 NE 111th St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

