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1297 NE 110th Ter

Miami, FL 33161
Closed

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.

Property Details

Essential

  • StatusClosed
  • Days On Site102
  • Days To Sale71
  • MLS#A11971424
  • Property TypeResidential Income
  • Property Sub TypeTriplex
  • Number of Stories1.0
  • Property Size1,970 sqft
  • Lot SizeSquare Feet
  • Tax Amount$8,369
  • Tax Year2025
  • HOANo
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026