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For Sale

1217 127th St, North Miami, Florida 33161

$1,845,000
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
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Details

    • Property Type: Commercial
    • Property SubType: Multi Family
    • Listing Type: For Sale
    • Listing ID: A11746150
    • Price: $1,845,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1958
    • Status: Active
    • Original Property Type: Commercial Sale

Features

    • Roof Deck : Slate
    • Flooring : Ceramic Tile
    • Parking : Assigned

Location

    • Country US
    • State FL
    • County Miami-Dade
    • City North Miami
    • Zipcode 33161
    • Neighborhood: North Miami
    • Street: 127th St
    • Street Number: 1217
    • Floor Number: 0
    • Longitude: W81° 49' 34.2''
    • Latitude: N25° 53' 34.6''

Additional Info

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