0 Baths
3,502 sqft
$1,050,000
12195 NE 11th Place, North Miami FL, 33161
Price per sqft$299.83
Built in1959
Property size3,502 sqft
Property typeCommercial
Overview
Active
Listed Nov 7, 2026
Updated 2 days ago
Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.
Other Property Details
- Taxes
- $19,827
- Tax Frequency
- Annually
Listed with Julies Realty, LLC
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Data last updated 3:39 AM UTC, 11/10/2026