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$1,795,000

Est. payment - /mo

5,190 SqFt

Price Dropped by $50K

1217 NE 127th St North Miami, FL 33161

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

UPDATED:

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 $345

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

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

+1(786) 203-8671

sammysellsmiami@gmail.com

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