Furnished Two-Unit
New
For Sale
$780,000
319 NE 110th Ter, Miami, FL 33161
Two furnished apartments are configured with open kitchens, tile floors, and separate outdoor areas.
Property Size1,482 SF
Lot Size0.17 Acres
Price / SF$526.32
Days on Market3
Property Features for 319 NE 110th Ter
General Information
Standard status
Active
Size
1,482 SF
Lot size
0.17 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
3
Additional Details
Furnished
Yes
Business Included
Yes
Currently Operating
Yes
Amenities
Less Than 1/4 Acre Lot
Shingle
High Impact Doors
Fenced
Septic Tank
Parcel Number: 30-22-31-031-0290, Public Survey Range: 22, Public Survey Section: 31, Public Survey Township: 22, Annual Amount: $10,447, Legal Description: 31 52 42 DIXIE VIEW RESUB PB 13-10 LOT 3 & W1/2 OF LOT 4 BLK 3 LOT SIZE 75.000 X 100 OR 19282-4588 02 2000 4, Year: 2026, Zoning: 5700
Ceramic Floor, Tile
Central Air, Electric
Central, Electric
Listing ID: A12117802, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-11-03, 1 day on market, Rent Includes: Cable TV, Electricity
6 total parking spaces
Clear Impact Glass, Impact Glass
Built in 1948, Year Built Details: Resale, Living area: 1482, Living area units: Square Feet, 1 storey, Construction Materials: CBS Construction
Subdivision: DIXIE VIEW, MLS Area (Major): Dixie View, County/Parish: Miami-Dade County
Leasable area units: Square Feet
2 units in community
Water Source: Municipal Water
Funding
Fruit Trees, Room For Pool
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Keller Williams Realty Premier Properties
(305) 595-2844
Listed By:
Daney Cabrera · License #3156705
(305) 606-5455
Source:
Riserealty
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:42PM
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 Keller Williams Realty Premier Properties
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Investment Insights
Based on property information with market context.
This renovated duplex contains two 2-bedroom, 1-bathroom apartments, with open-concept kitchens, tile flooring, and furnishings included in the sale. The building totals 1,482 square feet, and the property occupies a 7,500-square-foot lot with front and rear yards, mature fruit trees, and landscaping. A newer roof and a septic tank installed within the last five years are also noted. Each apartment has three parking spaces.
The property is operating as an Airbnb rental, and the existing rental operation is included in the sale, subject to applicable requirements. Miami Shores is described as a nearby destination.
The property is operating as an Airbnb rental, and the existing rental operation is included in the sale, subject to applicable requirements. Miami Shores is described as a nearby destination.
Key Highlights
- Two 2‑bedroom, 1‑bathroom apartments in a renovated duplex
- 1,482‑square‑foot building on a 7,500‑square‑foot lot
- Furnishings and existing Airbnb operation included, subject to applicable requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,722
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,440
$594.4K
Cap Rate 7%
$424,600
$424.6K
Cap Rate 9%
$330,244
$330.2K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$45.3K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$42.5K $28.65/SF
− OpEx
−$12.7K −$8.60/SF
NOI
$29.7K $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%
$594,440
Cap Rate 7%
$424,600
Cap Rate 9%
$330,244
Alternative Uses
Best Use
Multifamily LT 5
$424.6K
$371.5K – $495.4K
NOI $29,722 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$391.1K
$342.2K – $456.3K
NOI $27,378 @ 7.0% cap · market cap 3.51%
Theoretical Best
Specialty Retail
$1.00M
$875.3K – $1.17M
NOI $70,025 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two furnished apartments are configured with open kitchens, tile floors, and separate outdoor areas.
Where is this duplex located?
The property is located at 319 NE 110th Ter Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom apartments in a renovated duplex; 1,482‑square‑foot building on a 7,500‑square‑foot lot; Furnishings and existing Airbnb operation included, subject to applicable requirements
