Premier Brokers International
1350 NE 111th Street, Miami, FL 33161
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12085641
$1,199,000

↓ Price reduced $201,000 on Oct 26, 2026

1350 NE 111th Street, Miami, FL 33161

Beds
—
Baths
0
Sqft
1,853
Est. payment$7,717/mo
Home type
Quadruplex
Year built
1952
Lot size
—
Price / sqft
$647
HOA
$0/mo
Community
JAFFE SUB

Property description

Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors.Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals.An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants.Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighborhoods. Located in an area experiencing significant redevelopment and continued investment, this turnkey fourplex presents a compelling opportunity for an investor seeking a multifamily asset with multiple rental strategies and long-term upside.

Listing activity

Days on market
47
Listed
Sep 9, 2026
MLS listing updated
Oct 26, 2026
Feed last checked
12 minutes ago

Listed by Esteffany Castrillon · Miles Goldstein Real Estate

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Ceramic Tile
Laundry
Outside

Heating & cooling

Heating
Separate Meters, None
Cooling
Electric
Property

Exterior

Stories
1
Building area
1,853 sqft
Patio & porch
Deck
Exterior features
Lighting
Fencing
Fenced
Pool
No
Waterfront property
No

Lot

Zoning
3700
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1952
New construction
No

Materials

Construction
CBS, Other
Roof
Shingle, Other
Property condition
Updated/Remodeled, Resale
Utilities & green energy

Utilities

Electric
Circuit Breakers
Sewer
Septic Tank
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
JAFFE SUB
MLS area
2220

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33161
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12085641
Possession
Negotiable
Original list price
$1,400,000
Parcel number
3022320160120
Annual property tax
$10,749
Tax year
2025
Tax legal description
JAFFE SUB PB 52-95 LOT 4 BLK 2 LOT SIZE 60.00 X 141.00 OR 20642-4973 07 2002 3
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
1853
Construction Materials
CBS, Other
County Or Parish
Miami-Dade
Days On Market
47
Elementary School
David Lawrence Jr. K-8
High School
Alonzo and Tracy Mourning
Laundry Features
Outside
List Price
1199000
Listing Contract Date
2026-09-09
Living Area
1853
MLSArea Major
2220
Middle Or Junior School
North Miami
Mls Status
Active
On Market Date
2026-09-09
Patio And Porch Features
Deck
Photos Count
76
Postal Code
33161
Price Change Timestamp
2026-10-26T18:40:27Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-09T04:00:00Z
Stories Total
1
Subdivision Name
JAFFE SUB
Water Source
Public
Tax Annual Amount
10749
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 9, 2026ListedMIAMI REALTORS® MLS$1,400,000$756/sqft
Oct 26, 2026Price reducedMIAMI REALTORS® MLS$1,199,000$647/sqft

Public tax history

YearProperty taxesAssessment
2025$10,749—

Payment calculator

Estimated monthly payment$7,717/moIllustrative estimate, not a loan offer.
Principal & interest
$6,221
Property taxes
$896
Insurance
$600
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

JAFFE SUB

Miami · Miami-Dade County · 33161

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

David Lawrence Jr. K-8Elementary
—
North MiamiMiddle
—
Alonzo and Tracy MourningHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Miles Goldstein Real Estate. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.