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    1400 NE 111Th St Miami, FL 33161

    New
    For Sale
    $4,000,000

    Multi Family - Miami, FL

    Type:Single Family Attached
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1400 NE 111Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    3800
    APN
    30-22-32-000-0090

    Utilities

    Sewer type
    Other
    Cooling system
    Multi Units, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1962
    Number of units
    18
    Flooring type
    Carpet, Laminate, Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    Canvas Real Estate (954) 332-7121 [email protected]

    Listing agent Lorenzo Gutierrez (954) 332-7121 License #3621956

    Listing date Dec 5, 2025

    MLS# A11919179 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Miami Multifamily Investment Opportunity

    This well-maintained, three-story apartment building features 18 income-producing units. The property is located in a strong rental corridor near Biscayne Blvd, major retail areas, and public transportation. The unit mix comprises twelve 2-bedroom/1-bathroom units and six 1-bedroom/1-bathroom units. There is potential for rent increases, as current rates are below area averages. The property includes a gated entry and a central courtyard with a pool. An on-site laundry room is equipped with 2 washers and 2 dryers, providing additional income. Exterior walkways and two stair towers offer access to all units. The property benefits from a stable tenant base and straightforward management. The property is located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers. There is strong value-add potential through interior upgrades, rent stabilization, and repositioning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Custom Libations Consulting Restaurant Arch Christian Church Christian Church Denros Electric Inc Electrician Iglesia Cristiana EI ... Church Ministry tabernacle Philadelphia Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.169583
    Latitude
    25.878128

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    FAQs

    What type of property is this?
    Apartment building - 18-unit apartment building in a strong rental corridor.
    Where is this apartment building located?
    The property is located at 1400 NE 111Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit.; - Significant upside in rents as current rates trail area averages.; - 12 spacious 2BD/1BA units and 6 1BD/1BA units.
    (954) 332-7121
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    1400 NE 111Th St Miami, FL 33161
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    Miami, FL 33161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 NE 111Th St Miami, FL 33161
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