1380 NE 111th St
1380 NE 111th St
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1380 NE 111th St
1380 NE 111th St
Sold

1380 NE 111th St

1380 NE 111th St, Miami, FL 33161

$700,000
THIS IS IT -- AND THERE IS NOTHING ELSE LIKE IT | 4-Unit Multifamily | AS-IS Sale
Right now, in one of Miami's hottest and fastest-growing corridors, there is ZERO 4-unit multifamily inventory on the market in this area. None. This is it.
Here's what the numbers tell you: this property has never had a vacancy problem. All 4 units have historically rented with ease -- tenants find it, they stay, and the building stays full. That's the market speaking for itself.
Today the units are vacant -- not because demand dried up, but because the property sustained damage and needs renovation. Once it's restored, it goes right back to doing what it has always done: staying occupied.
But let's be honest: deals like this are not easy to find anymore. Multifamily at a true discount has become nearly impossible to source in today's market. Owners are holding, inventory is tight, and when something does surface -- it's gone.
Only 4-unit multifamily available in this high-demand zone. Proven rental demand -- never had a vacancy issue. Currently vacant due to damage -- renovate and lease up immediately. The kind of deal serious investors spend years waiting for.
The investor who moves first wins. AS-IS sale. Bring your contractor and your best offer. Call or text NOW -- this will be under contract fast.

Studio

1,749 Sq.Ft. LIVING AREA

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Ceramic Floor

Area & Lot

  • Status Sold
  • Living Area1,749 Sq.Ft.
  • Total Area1,749 Sq.Ft.
  • MLS® IDA11990390
  • TypeMulti-Family
  • YEAR BUILT1953
  • Architecture StylesAttached
  • Water FrontageCreek

Exterior

  • STORIES1
  • roofOther
  • lot featuresLess Than 1/4 Acre Lot
  • HEAT TYPENone
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerSeptic Tank

Financial

  • Sales Price$700,000
  • Real Estate Tax $8,045/yr
  • Zoning 3700

Work With Jai

As a multilingual agent who's a native of Miami and an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you and will work tirelessly to fulfill your needs.

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