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1217 NE 127th St

North Miami, FL 33161
  • $1,925,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: A11524778
Price Reduced
UPDATED: 73 min ago
$1,925,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Description

Proud to exclusively present for sale 1217 NE 127 Street. This 8-unit boutique multifamily building is located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops & retail establishments including Whole Foods, Publix, CVS, Walgreens and more. This recently renovated property is now being offered for sale at $1,925,000. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1BA) and 1 (2BR/2BA) apartments, with the gross rental income of over $157,000. High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property, have proven strong performance & resilience in down markets.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-27T11:52:45.763.
www.villarrealre.com/homes/147126869
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1217 NE 127th St North Miami, FL 33161

  • Price: $1,925,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 73 min ago
  • MLS #: A11524778
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1958
Built
County:
Miami-Dade
Property Description
Proud to exclusively present for sale 1217 NE 127 Street. This 8-unit boutique multifamily building is located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops & retail establishments including Whole Foods, Publix, CVS, Walgreens and more. This recently renovated property is now being offered for sale at $1,925,000. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1BA) and 1 (2BR/2BA) apartments, with the gross rental income of over $157,000. High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property, have proven strong performance & resilience in down markets.
Exterior Features

Construction Materials CBS Construction Parking Features Free Parking Parking Total 8 Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 5190 Stories 1

Property Features

Association YN No Business Type Residential-Multi-Family Documents Available Aerial Photo(S) Horse YN No New Construction YN No Property Sub Type Income/MultiFamily Public Survey Section 29 Special Listing Conditions Sale Structure Type Free Standing Zoning R-5

Listing courtesy of APEX Capital Realty LLC: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-27T11:52:45.763.
 
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