Renovated Duplex with In-Place
New
For Sale
$889,000
1170 NE 112th St, Miami, FL 33161
Residential Income, Miami, FL
Property Size2,080 SF
Price / SF$427.40
Days on Market1
Property Features for 1170 NE 112th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking
4
Subdivision
BISCAYNE BLVD PARK
Lot features
< 1/4 Acre
Standard status
Active
APN
30-22-32-003-0590
Size
2,080 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
32 52 42 BISCAYNE BLVD PARK PB 34-96 LOT 7 BLK 4 LOT SIZE 50.000 X 130 OR 19413-3869 11 2000 4
Tax Annual Amount
8874
Legal Description
32 52 42 BISCAYNE BLVD PARK PB 34-96 LOT 7 BLK 4 LOT SIZE 50.000 X 130 OR 19413-3869 11 2000 4
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Amenities
laundry rooms
paved walkways
Building Details
Year built
1976
Floors in Building
1
Flooring type
Wood, Hardwood, Tile
Building materials
Block
Roof type
Composition
Listing Agency:
Beachfront Realty Inc
(305) 534-4242
Listed By:
Dorina Palmieri · License #3182081
(786) 547-9116
Added: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# A12111524
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,080-square-foot duplex in Miami was built in 1976 and has block construction. The two-unit property has five bedrooms and three bathrooms. Interior updates include wood and tile flooring, modern kitchen cabinetry, quartz countertops, recessed lighting, ceiling fans, and newer appliances. Each unit has a laundry room with a side-by-side washer and dryer; the rear unit has new air conditioning. Tankless water heaters and an insulated attic are also part of the property.
Exterior improvements include hurricane shutters, replacement entry doors, paved walkways, outdoor pavers, marked concrete parking, and landscaping. Long-term tenants are in place. The property has central electric heating and central air conditioning, with septic service and cable available.
Exterior improvements include hurricane shutters, replacement entry doors, paved walkways, outdoor pavers, marked concrete parking, and landscaping. Long-term tenants are in place. The property has central electric heating and central air conditioning, with septic service and cable available.
Key Highlights
- Duplex with 2,080 square feet, five bedrooms, and three bathrooms
- Renovated interiors include quartz countertops, wood and tile flooring, and recessed lighting
- Separate laundry rooms equipped with side‑by‑side washers and dryers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,716
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,320
$834.3K
Cap Rate 7%
$595,943
$595.9K
Cap Rate 9%
$463,511
$463.5K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$63.6K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$59.6K $28.65/SF
− OpEx
−$17.9K −$8.60/SF
NOI
$41.7K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,320
Cap Rate 7%
$595,943
Cap Rate 9%
$463,511
Alternative Uses
Best Use
Multifamily LT 5
$595.9K
$521.5K – $695.3K
NOI $41,716 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$548.9K
$480.3K – $640.4K
NOI $38,425 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$1.40M
$1.23M – $1.64M
NOI $98,281 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature updated interiors, separate laundry rooms, and paved on-site parking.
Where is this duplex located?
The property is located at 1170 NE 112th St Miami, FL.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Duplex with 2,080 square feet, five bedrooms, and three bathrooms; Renovated interiors include quartz countertops, wood and tile flooring, and recessed lighting; Separate laundry rooms equipped with side‑by‑side washers and dryers
