BISCAYNE SHORES CORR PLAT

1297 NE 110th Ter, Miami FL 33161

1,970 ft²

Closed

$895,000

Est. Payment $4,764/mo

MLS Sheet Video

1,970

Sq. Ft.

1948

Year Built

1

Stories

31

Days on Market

Description

Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.

Facts

MLS#
A11971424
Subdivision
BISCAYNE SHORES CORR PLAT
Property Type
Residential Income
Property Sub Type
Triplex
Year Built
1948
Lot Size
0 sqft
Sq. Ft.
1,970 ft²
Sq. Mt.
183 m²
Price per sq. ft.
$454/ft²
Price per sq. mt.
$4,891/m²
Stories
1
Garage
Pool
Days on Market
31 days
Listed
Feb 26, 2026
Last Updated
May 12, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/12/2026Sold$895,000
2/26/2026Listed for sale$895,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1297 NE 110th Ter, Miami FL 33161Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,659/mo

Principal & Interest

$4,764

Property Tax

$746

Insurance

$150

HOA

$0

20% ($179,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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