340 NE 125th St Active Save Request In-Person Tour Request Virtual Tour
North Miami,FL 33161
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
Waterfront No
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