$2,250,000list price
Per sq ft$402
0 ba · 5,600 sq ft 2 to 4 units
250 NE 119TH TER, MIAMI, FL 33161
Listing courtesy of Compass Florida, LLC. MLS# A12089528.On the MLS · Listed Oct 17
$2,475,000
1239 NE 110TH ST, MIAMI, FL 33161
0 baths2 to 4 unitsBuilt 1947
Updated today, November 3, 2026This home against the area
83 days on the market
$22,663 in property taxes (2025)
About this home
11 UNIT Commercial Multifamily garden apartment community in a pocket of unincorporated Miami-Dade, one block west of Biscayne Blvd between Miami Shores and North Miami. Single-story reinforced concrete, renovated in 2019, arranged around a central lawn. *UNIT MIX: 7x Studio, 4x 1BR* Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently.This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!
Zoned schools
Elementary: Miami Shores Elementary School
Middle: Horace Mann Middle School
High: Miami Edison Senior High School
From Miami-Dade County Public Schools attendance zones.
Listing courtesy of Keller Williams Legacy. MLS# A12071356.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 12, 2026.
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