340 NE 125th St Active

North Miami,FL 33161

$ 1075000

- Bed

0 Bath

3289 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,289 sqft

Price per Sqft $326

Subdivision Griffing Biscayne Pk Esta

MLS Listing ID A11599898

Style Fourplex

Year Built 1927

Annual Tax Amount $16,303

Tax Year 2023

Property Description

Price Adjustment- Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures have new roofs, 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.

Location

State FL

County Miami-dade

Community Griffing Biscayne Pk Esta

Area 22

Interior

Heating Central,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Flooring Vinyl,Wood

Exterior

Exterior Feature Fence,Other

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour