Griffing 340 NE 125th St North Miami, FL 33161

FOR SALE - Active
$1,075,000
$1,175,000 (8.5%)
Studio
Beds
3,289
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 3,289 ft2/305.56 m2
  • Price Per: $326.85 ft2/$3,518.15 m2
  • Type: Multifamily
  • Built: 1927
  • HOA: No info
  • MLS Number: A11599898
  • View No info
  • On Site: 21 days
  • Updated: Listing Refreshed: 21 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
09/24/2024Price Reduced$1,075,000.008.5%$326.85 ft2/$3,518.15 m2
06/03/2024Listed$1,175,000.00$357.25 ft2/$3,845.42 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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