1090 NW 112th St - Multi-Family FOR SALE


Miami, FL 33168- Pinewood
$720,000 USD
561-305-6161
1090 NW 112th St, Miami, FL for Sale
$720,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

1090 NW 112th St
Miami, FL 33168
Pinewood


HIGHLIGHTS

  • Value-add corner duplex in high-demand central Miami location
  • Two units: 2/1 and 2/1 plus den totaling 1,590 interior SF
  • Month-to-month tenants with current rents of $1,800 and $1,950
  • Upgraded systems including roof (2016) and central AC (2017)
  • Independent meters, updated kitchens and bathrooms
  • Oversized fenced yard with potential boat or RV storage

OVERVIEW

Value-add corner duplex located in a high-demand central Miami submarket, offering immediate in-place income with clear upside through rental optimization. The property consists of a well-balanced unit mix featuring one 2-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit plus den, totaling approximately 1,590 interior square feet. Current in-place rents are $1,800 per month for the 2/1 unit and $1,950 per month for the 2/1 plus den, both operating on month-to-month leases, providing flexibility for rent increases, lease restructuring, or repositioning to market rates. The asset has benefited from meaningful capital improvements that reduce near-term CapEx exposure, including upgraded electrical panels, independent utility meters, updated plumbing, and improved exterior drainage serving the three-bedroom configuration. Both units feature updated kitchens and bathrooms, supporting tenant retention and future rent growth. The roof was replaced in 2016, and the central HVAC system was installed in 2017, strengthening the property’s mechanical profile and long-term operational stability. A six-foot iron fence encloses the property, enhancing privacy, security, and curb appeal, while the oversized backyard offers additional value and optionality, including potential boat or RV storage, subject to local regulations. Strategically positioned near Barry University, Miami Shores, I-95, and major retail corridors, the property benefits from consistent tenant demand driven by proximity to employment centers, education hubs, and transportation access. This offering presents an attractive opportunity for investors seeking a low-maintenance, income-producing asset with near-term rent upside and long-term appreciation potential, as well as owner-occupants looking to subsidize mortgage payments through rental income. Property is occupied; please do not disturb tenants.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

2

PRICE/UNIT

$360,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,480 SF

ZONING

5700

APN/PARCEL ID

30-2135-009-0590

ASK ABOUT THIS PROPERTY

Stephen MolinariKW CommercialMore Info
561-305-6161

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Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.