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Furnished Four-Unit Multifamily Property
For Sale
$1,400,000

1350 NE 111th St, Miami, FL 33161

Residential Income, Miami, FL

Property Size1,853 SF
Price / SF$755.53
Days on Market47

Property Features for 1350 NE 111th St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 3700
Bedrooms 2
Full bathrooms 4
Rooms Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 1
Parking 4
Window features Blinds
Patio and Porch features Deck
Exterior features Deck, Fence, Lighting
Fencing Fenced
Subdivision JAFFE SUB
Lot features Flood Zone, < 1/4 Acre
Standard status Active
APN 30-22-32-016-0120
Size 1,853 SF

Taxes and HOA fees

Tax Year 2025
Tax Description JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3
Tax Annual Amount 10749
Legal Description JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3

Utilities

Utilities Cable Available
Sewer type Septic Tank
Cooling system Electric
Water source Public

Amenities

laundry facility

Building Details

Year built 1952
Floors in Building 1
Flooring type Tile - Ceramic
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Architectural style Other
Listing Agency: Miles Goldstein Real Estate
Listed By: Esteffany Castrillon · License #3260539
Added: Sep 9 Changed: Oct 19 Last Checked: Oct 25 at 2:06PM
MLS# A12085641

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.

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Investment Insights

Based on property information with market context.

This 1,853-square-foot quadplex contains four furnished residences: two one-bedroom, one-bathroom units and two studios. Each residence has its own electric meter. A separate legal structure at the rear houses laundry equipment, including a washer and dryer. The property also has a deck and fenced grounds.

Renovations completed in 2021 included a roof replacement, new windows, electrical updates and interior work. The building dates to 1952 and has concrete-block construction, ceramic tile flooring, electric cooling, a shingle roof, public water and septic service.

The property is licensed for short-term rental use and may also be operated as traditional annual rentals. Bal Harbour and nearby beaches are less than a 10-minute drive away.

Key Highlights

  • Four furnished units: two 1‑bedroom/1‑bath residences and two studios
  • 1,853 square feet; individual electric meters for each residence
  • Separate legal laundry structure with washer and dryer

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,567
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The unit mix combines two one-bedroom residences with two studios, supported by a separate laundry building.
Where is this quadplex located?
The property is located at 1350 NE 111th St Miami, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Four furnished units: two 1‑bedroom/1‑bath residences and two studios; 1,853 square feet; individual electric meters for each residence; Separate legal laundry structure with washer and dryer
More about this property
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