Commercial Real Estate Property For Sale In North Miami

1217 127th St North Miami, FL 33161
 Directions

$1,895,000

  • 1958 Year Built
  • Aug 26, 2024 Listing Date

MLS #

:

A11648235

Price

:

$1,895,000

Status

:

Listing Date

:

Aug 26, 2024

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1958

Taxes

:

Not Available

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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 & more. This recently renovated property is now being offered for sale at $1,895,000. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1 BA) & 1 (2BR/2BA) apartments with ample parking for all tenants & guests. All units are rented and provide a steady cash flow with gross rental income of over $167,000 per year. Recent updates include new Hurricane Impact windows, doors, fences, & complete exterior painting. Included are 20x20 porcelain tile floors, new countertops in kitchen and bathrooms, wood cabinets, updated showers, and bathtubs.

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