Prime North Miami 18-Unit Multifamily Asset Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages. Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors. Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on June 25, 2026

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Basic Information

Lease ConsideredYes
List Price$4,000,000
MIAMIA11919179
MlsStatusActive
PublicSurveyRange22
Square Feet19,180
Tenant PaysElectricity, Water
Virtual TourView Tour

Interior

FlooringCarpet, Ceramic Tile, Laminate

Utilities

CoolingWall/Window Unit(s)
Heat SystemWindowUnit, Wall Furnace
SewerOther
Water SourcePublic

Tax Information

Tax Year2024
Taxes$38,375

Location

Area22
Building Number1400
CountyMiami-Dade
Zip33161

Property

Acreage0.44
Building Name1400 NE 111th St
Lot Size Area19,180
Parking Spaces
Road Frontage TypeCity Street
Security FeaturesFenced
Zoning3800

Basic Information

Property SubTypeMulti Family
StatusActive

Building

Building Area Total16,239
Construction MaterialsBlock
Number Of Buildings1
Stories3
Structure TypeApartment, Multi Family
Units18
Year Built1962

Exterior

RoofComposition

Amenities

Other AmenitiesPool

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Grier Allen

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