210 NE 110th St - Multi-Family FOR SALE


Miami, FL 33161
$749,000 USD
786-271-5870
210 NE 110th St, Miami, FL for Sale
$749,000 USD
Multi-Family - FOR SALE
1/33
null | 5.85% Cap Rate

210 NE 110th St
Miami, FL 33161


HIGHLIGHTS

  • Legal duplex – two side-by-side units that feel like individual homes
  • Fenced property with two pergolas and mature trees
  • Ideal for investors or house hackers

OVERVIEW

Excellent investment opportunity just minutes from Barry University, Miami Shores, Wynwood, Aventura and I-95. This legal duplex offers side-by-side units with private entrances, separate electric meters, and an updated roof. With both units soon available, new ownership can reset rents to market immediately, achieving above-average returns in a high-demand rental corridor. Investment Highlights Asking Price: $749,000 Pro Forma Rent Roll: 2/1 unit: $3,000–$3,200 | 1/1 unit: $2,000–$2,200 Pro Forma Gross Income: $5,500–$5,700/month ($66K–$68.4K annual) Operating Expenses: $16,212/year Pro Forma NOI: $50K–$52K+ Pro Forma Cap Rate: ~6.7–7.0% at asking price Current Status: 1/1 vacant; 2/1 will be delivered vacant Property Features Legal Duplex – Two side-by-side homes with private entrances Unit Mix: 2 Bed / 1 Bath + 1 Bed / 1 Bath Updated Roof: Replaced in 2024 (major capital item complete) Utilities: Separate electric meters (shared water) Outdoor Space: Fully fenced 5,450 SF lot with pergolas & mature trees Building Size: 1,351 SF No HOA Location: Steps from Barry University – strong student/staff rental demand Close to Miami Shores, Wynwood, Design District & Downtown Growing rental corridor with proven tenant demand Ideal for 1031 buyers, value-add investors, or house hackers looking for long-term cash flow.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$561 USD /SF

# OF UNITS

2

PRICE/UNIT

$374,500

CAP RATE

5.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Miami Duplex |7% Pro Forma Cap |Prime Rental

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,142 SF

ZONING

5700

APN/PARCEL ID

30-2231-032-0151

ASK ABOUT THIS PROPERTY

Carmen RedondoKamany RealtyMore Info
786-271-5870

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Carmen RedondoKamany RealtyMore Info
786-271-5870

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