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Active - Triplex for sale

1220-1222 NE 110th Ter, Miami FL 33161

2,090 sqft

Facts & features

Triplex Property type
274 days on Beycome
1954 Year built
$354 Price/Sqft.

Why you’ll love it

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now leased at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Translating description...

Listings courtesy of Dalton Wade Inc.

Listed by: Elizabeth Hicks • 941-266-6873 • Dalton Wade Inc

Co-listed by: Dalton Wade Inc

Source: Miami MLS, MLS#: A11965310 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$480,000$1,000,000
1%20%
0%90%
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Estimated monthly payment

$4,421/mo

  • Mortgage$3,737
  • Property tax$684
  • HOA fee
  • Homeowners insurance
Due at closing$587,505
Down payment held in escrow$147,800
Closing costs$11,085
beycome credit Est.$14,780

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Biscayne Shores Corr Plat

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$739,000 Listed price

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$14,780 Credit back

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