Commercial Sale · Income/MultiFamily
11970 NE 19th Dr, North Miami FL 33181, NORTH MIAMI, FL, 33181
Active68 days on marketListed Jun 8, 2026MLS #A12033106
About this property
The property at a glance
PLEASE SEE OM FOR MORE DETAILS!! Excellent multifamily investment opportunity in North Miami. This 10-unit apartment building sits on a 13,750 SF lot and features approximately 11,094 SF of building area, per tax roll. Built in 1964, the property is located in the Sans Souci Estates subdivision, near Biscayne Blvd, Keystone Islands, shopping, dining, public transportation, and major roadways. The property is zoned R-5 multifamily residential and offers strong rental-income potential in a desirable North Miami location. The building features two stories, exterior access, and on-site surface parking. Ideal opportunity for investors seeking a stabilized or value-add multifamily asset in a high-demand rental market. Buyer must independently verify all information, including but not limited to zoning, unit count, rents, expenses, permits, parking, building size, lot size, roof, physical condition, and future use.
11,094
Building sq ft
$352
Price / sq ft
13,750
Lot sq ft
1964
Year built
3700
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$21,272/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
20,969
Population
$56,473
Median income
37.6
Median age
2.39
Avg household
$315,200
Median home value
$1,665/mo
Median rent
2,354
Households w/ kids
Recent sales
What actually sold near 11970 NE 19th Dr
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,000,000
2191 NE 167th St, North Miami Beach FL 33162
Sold Aug 30, 2024
$895,000
7525 NE Miami Ct, Miami FL 33138
Sold Sep 5, 2024
$852,000
60 NW 77th St, Miami FL 33150
Sold Oct 15, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 11970 NE 19th Dr — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 11970 NE 19th Dr.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Beachfront Realty Inc · Marilina Apfelbaum. MLS #A12033106.
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 Miami Association of REALTORS®.
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