Renovated
For Sale
$639,000
1255 NE 110th Ter, Miami, FL 33161
Two residences feature updated kitchens and bathrooms, with stainless steel appliances and new windows.
Property Size1,706 SF
Price / SF$374.56
Days on Market427
Property Features for 1255 NE 110th Ter
General Information
Standard status
Active
Size
1,706 SF
Property subtype
Duplex
Additional Details
Gross Income
$61,200
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,479
Building Details
Building Size
1,706 SF
Year Built
1967
Listing Agency:
Beachfront Realty Inc
Listed By:
Chaim Glik · License #3265723
(786) 344-3207
Source:
Debuirerealty
Added: Aug 31, 2025
Changed: Oct 27
Last Checked: Oct 27 at 3:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachfront Realty Inc
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 duplex contains 1,706 square feet and was built in 1967. Renovations include laminate flooring, a modern kitchen, stainless steel appliances, an updated bathroom, ceiling fans, and new windows.
The property is in North Miami, near Miami Design District, major plazas, and shopping centers.
The property is in North Miami, near Miami Design District, major plazas, and shopping centers.
Key Highlights
- Duplex with 1,706 square feet
- Built in 1967
- Renovations include laminate flooring and updated kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,215
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,300
$684.3K
Cap Rate 7%
$488,786
$488.8K
Cap Rate 9%
$380,167
$380.2K
Market Conditions
NOI Build-Up for 1,706 SF
Gross rent
$52.2K $30.60/SF
− Vacancy
−$3.3K −$1.95/SF
EGI
$48.9K $28.65/SF
− OpEx
−$14.7K −$8.60/SF
NOI
$34.2K $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%
$684,300
Cap Rate 7%
$488,786
Cap Rate 9%
$380,167
Alternative Uses
Best Use
Multifamily LT 5
$488.8K
$427.7K – $570.3K
NOI $34,215 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$450.2K
$394.0K – $525.3K
NOI $31,516 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.34M
NOI $80,609 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,567
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 residences feature updated kitchens and bathrooms, with stainless steel appliances and new windows.
Where is this duplex located?
The property is located at 1255 NE 110th Ter Miami, FL.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Duplex with 1,706 square feet; Built in 1967; Renovations include laminate flooring and updated kitchen and bathroom
