1217 NE 127th St North Miami, FL 33161

FOR SALE - Active
$1,845,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 5,190 ft2/482.17 m2
  • Price Per: $355.49 ft2/$3,826.48 m2
  • Type: Commercial/Investment
  • Built: 1958
  • HOA: No info
  • MLS Number: A11746150
  • View No info
  • On Site: 5 days
  • Updated: Listing Refreshed: 4 Days Ago

This 8-unit boutique multifamily building located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops and retail establishments including Whole Foods, Publix, CVS, Walgreens and more. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1 BA) and 1 (2BR/2BA) apartments with ample parking for all tenants and guests. Fully renovated with ample assigned parking for tenants and guests. New Hurricane Impact windows, fences, and exterior painting. Included are 20x20 porcelain tile floors, new countertops in kitchen and bathrooms, updated showers, bathtubs. 40-year recertification completed. Annual NOI of $121,000 with current 6.53% cap rate. Contact Agent for Full Brochure including Financials and Rent Roll

Price History

DateEventPriceChange RatePrice Per
02/16/2025Listed$1,845,000.00$355.49 ft2/$3,826.48 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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