BreakThru Realty

12195 NE 11th Place, North Miami, FL 33161

$1,050,000 · $300 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $1,050,000
  • Price per sq ft: $300
  • Building size: 3,502 sq ft
  • Lot size: 6,752 sq ft
  • Zoning: 3700
  • Year built: 1959
  • Stories: 1
  • Occupancy: 100%
  • Tenant pays: Electricity, Interior Electric
  • Buildings: 1
  • Parking spaces: 6
  • Parcel ID: 0622290310470
  • MLS#: A12119821
Photo 1 at 12195 NE 11th Place, North MiamiPhoto 2 at 12195 NE 11th Place, North MiamiPhoto 3 at 12195 NE 11th Place, North MiamiPhoto 4 at 12195 NE 11th Place, North MiamiPhoto 5 at 12195 NE 11th Place, North MiamiPhoto 6 at 12195 NE 11th Place, North MiamiPhoto 7 at 12195 NE 11th Place, North Miami

About this property

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.

Building Features and Utilities

  • Sewer Available
  • CBS

Operating Statement

Property taxes$19,827/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 12195 NE 11th Place

  • Included: Building, Land, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Julies Realty, LLC · julie@juliesrealty.net · Listing agent: Hubert Jean

BeachesMLS logo 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 not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 12195 NE 11th Place or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

Buying an apartment building

Selling an Apartment Building?

Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 12195 NE 11th Place

How much is 12195 NE 11th Place?
12195 NE 11th Place is listed at $1,050,000, about $300 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 12195 NE 11th Place zoned?
The listing reports zoning of 3700. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 12195 NE 11th Place?
The listing reports 3,502 square feet of building.
When was 12195 NE 11th Place built?
12195 NE 11th Place was built in 1959. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 12195 NE 11th Place?
The listing reports annual property taxes of $19,827. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 12195 NE 11th Place?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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