1300 NE 110th St - Apartments FOR SALE


Miami, FL 33161- Biscayne Park
$4,900,000 USD
305-528-7984
1300 NE 110th St, Miami, FL for Sale
$4,900,000 USD
Apartments - FOR SALE
1/25
null | 3.42% Cap Rate

1300 NE 110th St
Miami, FL 33161
Biscayne Park


HIGHLIGHTS

  • • STR-Licensed Asset: Legally permitted for short-term rentals — a scarce, moat-like designation in Miami-Dade.
  • • Dual-Strategy Flexibility: Operate as STR boutique, transition to LTR, or hybrid — all three viable with no capital restructuring.
  • • Dual-Strategy Flexibility: Operate as STR boutique, transition to LTR, or hybrid — all three viable with no capital restructuring. • Corner Lot + Re
  • • Premium Renovated Interiors: Fully furnished Stayplus-designed units with new flooring, kitchens, bathrooms, and branded furnishings.
  • • Exceptional Amenities: Gym, BBQ/patio, laundry, 14 parking spaces, ADA unit — rare for this product type and price point.

OVERVIEW

Casa Park is a 14-unit multifamily property on an oversized 18,750 SF corner lot at 1300 NE 110th Street, Miami FL 33161. The property offers 9,216 SF of rentable area across two stories, with 14 dedicated parking spaces including 1 ADA disability space, and a full amenity suite. Built in 1960 and recently renovated with a premium boutique aesthetic, it is legally permitted for short-term rentals, one of the rarest designations in Miami-Dade County. Strategically positioned steps from the high-end neighborhoods of Miami Shores and Biscayne Park, and within a short drive of Miami's most sought-after destinations — 10–15 minutes to Wynwood, Edgewater, and the Miami Design District, and just 15 minutes to Miami Beach. One block west of Biscayne Blvd (US-1) with direct access to I-95, the property draws consistent demand from both leisure and business travelers year-round. The asset currently operates as a fully furnished, Stayplus-managed boutique hospitality compound. The Short-Term Rental (STR) strategy reflects current in-place operations at ~$2,012/unit/month, with a stabilized proforma targeting $2,400/unit/month through optimized dynamic pricing and full OTA channel deployment. The oversized corner lot also presents a compelling long-term redevelopment optionality story.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

14

PRICE/UNIT

$350,000

CAP RATE

3.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

3700:Multi

APN/PARCEL ID

30-2232-010-1290

ASK ABOUT THIS PROPERTY

Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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