3,502 sqft

$1,050,000

12195 NE 11th Pl, North Miami FL, 33161

Price per sqft$299.83

Built in1959

Property size3,502 sqft

Property typeCommercial

Overview

Active

Listed Nov 7, 2026

Updated 4 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.

Additional information

MLS^® ID: A12119821

Interior Features

Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $19,827
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:16 AM UTC, 11/10/2026.

Listed by: Julies Realty, LLC, 305-751-6400