Block Duplex with Central
For Sale
$750,000
1290 NE 110th St, Miami, FL 33161
Residential Income, Miami, FL
Property Size1,882 SF
Price / SF$398.51
Days on Market48
Property Features for 1290 NE 110th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
3700
Bedrooms
5
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5
Parking
6
Subdivision
BISCAYNE SHORES CORR PLAT
Lot features
< 1/4 Acre
Standard status
Active
APN
30-22-32-010-1330
Size
1,882 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
32 52 42 PB 23-52 BISCAYNE SHORES CORR PLAT LOT 2 BLK 10 LOT SIZE 50.000 X 125 OR 12099-2361 0384 1
Tax Annual Amount
5671
Legal Description
32 52 42 PB 23-52 BISCAYNE SHORES CORR PLAT LOT 2 BLK 10 LOT SIZE 50.000 X 125 OR 12099-2361 0384 1
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Flat, Tile, Shingle
Listing Agency:
RE/MAX Advance Realty II · RE/MAX International
(305) 251-2127
Listed By:
Issabella Silverstein · License #0626609
(305) 775-1148
Added: Jul 23
Changed: Sep 2
Last Checked: Sep 8 at 8:06AM
MLS# A12058468
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.
Investment Insights
Based on property information with market context.
This duplex contains 1,882 square feet with five bedrooms and two bathrooms. The residence features block construction, ceramic tile flooring, central heating, and central air conditioning. The interior includes multiple bedrooms and living areas, providing a two-unit residential configuration.
Located at 1290 NE 110th St in Miami, the property is within Miami-Dade County and carries postal code 33161. Cable is available, and the property is served by a septic tank.
Located at 1290 NE 110th St in Miami, the property is within Miami-Dade County and carries postal code 33161. Cable is available, and the property is served by a septic tank.
Key Highlights
- 1,882‑square‑foot duplex with five bedrooms and two bathrooms
- Block construction completed in 1988
- Central heating and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,745
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$754,900
$754.9K
Cap Rate 7%
$539,214
$539.2K
Cap Rate 9%
$419,389
$419.4K
Market Conditions
NOI Build-Up for 1,882 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.6K $30.60/SF
− Vacancy
−$3.7K −$1.95/SF
EGI
$53.9K $28.65/SF
− OpEx
−$16.2K −$8.60/SF
NOI
$37.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$754,900
Cap Rate 7%
$539,214
Cap Rate 9%
$419,389
Alternative Uses
Best Use
Multifamily LT 5
$539.2K
$471.8K – $629.1K
NOI $37,745 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$496.7K
$434.6K – $579.5K
NOI $34,767 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,925 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,049
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Five-bedroom configuration with two bathrooms, ceramic tile flooring, and central heating.
Where is this duplex located?
The property is located at 1290 NE 110th St Miami, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,882‑square‑foot duplex with five bedrooms and two bathrooms; Block construction completed in 1988; Central heating and central air conditioning
