5
See all 5 photos
$1,845,000
Est. payment /mo
5,190 SqFt
Active
1217 NE 127th St North Miami, FL 33161
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,190 sqft
Price per Sqft $355
MLS Listing ID A11746150
Construction Status New Construction
HOA Y/N No
Annual Tax Amount $24,708
Lot Size 0.251 Acres
Property Sub-Type Multi Family
Property Description
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
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
Location
State FL
County Miami-dade
Area 22
Interior
Flooring Ceramic Tile
Window Features Impact Glass
Exterior
Roof Type Slate
Total Parking Spaces 8
Private Pool Yes
Building
Story 1
Level or Stories One
Structure Type Block
Construction Status New Construction
Others
Tax ID 06-22-29-037-0050
Ownership Corporation
Security Features Security System,Fenced,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11746150
Listed by MCG Realty Advisors