Price Check
How this price compares
- Asking price
- $450,000
- Price per sq ft
- $272
- Vs. nearby sales
- 24.7% below
- Days on market
- 54
This multi-family property in Biscayne Blvd Park went under contract with an asking price of $450,000, or $272 per square foot. It spent 54 days on the market before going under contract. The 3 most recent multi-family property sales in the closings shown below sold at a median of $361 per square foot, so the asking price was 24.7% below what comparable homes here actually sold for.
Estimated monthly payment
$2,365 /mo
Principal and interest only, based on $90,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $450,000
- Days on Site
- 54 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,652 sqft
- Total Sq Ft
- 1,826 sqft
- Year Built
- 1956
- Property Type
- Multi-Family
- MLS #
- A12074896
- Property Tax
- $9,520 (2025)
- Subdivision
- BISCAYNE BLVD PARK
- Development
- BISCAYNE BLVD PARK
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Short Sale
About This Property
SHORT SALE OPPORTUNITY. Purchase price and all terms are subject to lender approval. Great investment opportunity in Miami! This well-maintained duplex includes two 2-bedroom 1-bath units, separate electrical meters, no carpet, stainless steel appliances, and wall/window A/C units. Both units are currently tenant-occupied, providing immediate rental income, with one unit renting for $2,556/month and the other for $2,200/month, for a total of $4,756 in monthly rental income. Tenant pays electric and landlord pays water. Excellent opportunity for an investor looking to add an income-producing property to their portfolio. Cash only. As-is sale, buyer is responsible to cure any violations or expired permit issues.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1956
- Number of Stories
- 1
- Living Sq Ft
- 1,652
- Total Sq Ft
- 1,826
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Zoning
- 5700
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Central / Separate Meters / Wall Furnace
- Flooring
- Ceramic Tile / Laminate
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash
- MLS Area
- 2220
Schools
- Elementary School
- Miami Shores
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
- Homes for Sale
- 5
- Under Contract
- 0
- Median List Price
- $789,000
- Median $/Sq Ft
- $449
- Avg Days on Market
- 48
Frequently Asked Questions
- How do I schedule a tour of 1120 NE 111th Street, Miami, FL 33161?
- Use the Tour button on this listing to request a showing of 1120 NE 111th Street, Miami, FL 33161. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1120 NE 111th Street, Miami, FL 33161 still available?
- 1120 NE 111th Street, Miami, FL 33161 is currently listed as Under Contract, and has been on the market 54 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1120 NE 111th Street, Miami, FL 33161?
- With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1120 NE 111th Street, Miami, FL 33161 is about $2,365/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1120 NE 111th Street, Miami, FL 33161?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1120 NE 111th Street, Miami, FL 33161. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1120 NE 111th Street, Miami, FL 33161?
- 1120 NE 111th Street, Miami, FL 33161 is zoned for Miami Shores (elementary), Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1120 NE 111th Street, Miami, FL 33161?
- Often, yes. The right offer on 1120 NE 111th Street, Miami, FL 33161 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Borell Realty, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 4, 2026.
$450,000
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Listed by Andrea N. Borell, Borell Realty, LLC
Map & Location
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Recent Sales
Recently sold homes in Biscayne Blvd Park
These are the last 5 recorded closings in Biscayne Blvd Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $361 per square foot. The most recent closed on August 10, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$565,000
Sold · August 10, 2026
11310 E Peachtree Drive
0 bed · 0 bath · 1,204 sqft · $469/sqft
$16,000 over the asking price
Sold$430,000
Sold · May 21, 2026
1105 NE 112th Street
2 bed · 1 bath · 1,203 sqft · $357/sqft
$49,000 under the asking price
Sold$990,000
Sold · April 3, 2026
1185 NE 111th Street
0 bed · 0 bath · 3,136 sqft · $316/sqft
$9,000 under the asking price
Sold$490,000
Sold · February 20, 2026
11100 NE 12th Avenue
3 bed · 2 bath · 988 sqft · $496/sqft
$84,999 under the asking price
Sold$626,000
Sold · July 3, 2025
1167 NE 111th Street
0 bed · 0 bath · 1,732 sqft · $361/sqft
$34,000 under the asking price
See every recorded sale in Biscayne Blvd Park or find out what your Biscayne Blvd Park home is worth.
