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1220-1222 NE 110th Terrace, Miami, FL 33161
Active
222 Days on Market
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$739,000

1220-1222 NE 110th Terrace

Miami, FL 33161

BISCAYNE SHORES CORR PLAT

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$739,000
Price per sq ft
$354
Original price
$749,000
Days on market
222

This multi-family property in Biscayne Shores Corr Plat is listed at $739,000, or $354 per square foot. The asking price has come down 1.3% from its original $749,000. It has been on the market for 222 days.

0
Bedrooms
0
Bathrooms
2,090
Living Sq Ft
1954
Year Built

Estimated monthly payment

$3,884 /mo

Principal and interest only, based on $147,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$739,000
Days on Site
222 Days
Bedrooms
0
Total Baths
0
Living Area
2,090 sqft
Total Sq Ft
2,090 sqft
Year Built
1954
Property Type
Multi-Family
MLS #
A11965310
Property Tax
$8,212 (2025)
Subdivision
BISCAYNE SHORES CORR PLAT
County
Miami Dade
Status
Active

About This Property

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now leased at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1954
Number of Stories
1
Living Sq Ft
2,090
Total Sq Ft
2,090
Sewer
Septic Tank
Zoning
3700

Interior Features

Cooling
Central Air / Electric
Heating
Central / Separate Meters
Flooring
Tile

Exterior Features

Construction
Block
Roof
Other

Community & HOA

Utilities
Cable Available
Financing Terms
Cash / Conventional / FHA / Va Loan
MLS Area
2220

Schools

Elementary School
Miami Shores
Middle School
Horace Mann
High School
Miami Edison
Homes for Sale
9
Under Contract
0
Median List Price
$770,000
Median $/Sq Ft
$404
Avg Days on Market
58
View all 9 homes for sale in Biscayne Shores →
How do I schedule a tour of 1220-1222 NE 110th Terrace, Miami, FL 33161?
Use the Tour button on this listing to request a showing of 1220-1222 NE 110th Terrace, 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 1220-1222 NE 110th Terrace, Miami, FL 33161 still available?
1220-1222 NE 110th Terrace, Miami, FL 33161 is currently listed as Active, and has been on the market 222 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 1220-1222 NE 110th Terrace, Miami, FL 33161?
With 20% down ($147,800) on the $739,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1220-1222 NE 110th Terrace, Miami, FL 33161 is about $3,884/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 1220-1222 NE 110th Terrace, Miami, FL 33161?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1220-1222 NE 110th Terrace, 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 1220-1222 NE 110th Terrace, Miami, FL 33161?
1220-1222 NE 110th Terrace, 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 1220-1222 NE 110th Terrace, Miami, FL 33161?
Often, yes. The right offer on 1220-1222 NE 110th Terrace, 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 Dalton Wade Inc

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 June 23, 2026.

$739,000

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Listed by Elizabeth Hicks, Dalton Wade Inc

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