Renovated 14-Unit Apartment
For Sale
$3,899,999
1300 NE 110th St, Miami, FL 33161
Multifamily property with furnished units, shared amenities, and secured gated access.
Property Size9,216 SF
Lot Size0.43 Acres
Days on Market162
Property Features for 1300 NE 110th St
General Information
Standard status
Active
Size
9,216 SF
Net Rentable
9,216 SF
Total Parking Spaces
14
Lot size
0.43 Acres
Property subtype
Income/MultiFamily
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Multifamily Units
14
Amenities
beautifully landscaped garden
BBQ/patio
on-site fitness room (gym)
shared laundry facility
secured gated access
Building Details
Building Size
9,216 SF
Year Built
1960
Listing Agency:
Beachfront Realty Inc
Listed By:
Veronica Zalcberg Goldemberg · License #3299370
(305) 405-0615
Source:
Relinkre
Added: May 5
Changed: Oct 2
Last Checked: Oct 11 at 12:29PM
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
Investment Insights
Based on property information with market context.
This 14-unit apartment property includes 9,216 square feet of rentable space on an 18,750-square-foot corner lot. Renovations were completed in 2023-2024, and the property is furnished for its current hospitality operation. Site improvements include a landscaped garden, BBQ and patio area, fitness room, shared laundry facility, and gated entry. Parking includes 14 dedicated spaces, with one ADA-designated space.
The property is legally permitted for short-term rentals and is located at 1300 NE 110th St in Miami, just off Biscayne Blvd (US-1). I-95 is readily accessible, with Wynwood, the Design District, Edgewater, and Miami Beach identified as nearby destinations. The property is currently positioned for both short-term and long-term tenancy.
The property is legally permitted for short-term rentals and is located at 1300 NE 110th St in Miami, just off Biscayne Blvd (US-1). I-95 is readily accessible, with Wynwood, the Design District, Edgewater, and Miami Beach identified as nearby destinations. The property is currently positioned for both short-term and long-term tenancy.
Key Highlights
- 14‑unit apartment property with 9,216 SF of rentable space
- 18,750 SF oversized corner lot with 14 dedicated parking spaces
- Legally permitted for short‑term rentals in Miami‑Dade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,251
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,405,020
$3.4M
Cap Rate 7%
$2,432,157
$2.4M
Cap Rate 9%
$1,891,678
$1.9M
Market Conditions
NOI Build-Up for 9,216 SF
Gross rent
$331.8K $36.00/SF
− Vacancy
−$22.2K −$2.41/SF
EGI
$309.5K $33.59/SF
− OpEx
−$139.3K −$15.11/SF
NOI
$170.3K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,405,020
Cap Rate 7%
$2,432,157
Cap Rate 9%
$1,891,678
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.13M – $2.84M
NOI $170,251 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.22M
$5.44M – $7.26M
NOI $435,460 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
14
Residential units
Yes
Highway access
Yes
Paved road access
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with furnished units, shared amenities, and secured gated access.
Where is this apartment building located?
The property is located at 1300 NE 110th St Miami, FL.
What is the asking price?
The asking price for this property is $3,899,999.
What are key features of this property?
This property features: 14‑unit apartment property with 9,216 SF of rentable space; 18,750 SF oversized corner lot with 14 dedicated parking spaces; Legally permitted for short‑term rentals in Miami‑Dade
