340 125th St ,Detached, Quadruplex, Griffing Biscayne Pk Esta for Sale

340 125th St for Sale

Price $1,175,000.00

• Lot size 3289
• Year Build 1927
• Waterfront
• Zip 33161
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures had a new roof installed in 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each one beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.

SHOWING AFTER OFFER, SUBJECT TO INSPECTION AND PROFF OF FUNDS. CONTACT AGENT FOR MORE INFOR. ****PLEASE DO NOT DISTRUB TENANTS - DO NOT WALK THE PROPERTIES OR DISTURB TENANTS AT ALL. ANYONE WHO DISTURBS TENANTS WILL BE DISQUALIFIED FROM PURCHASING*** THANK YOU!

GRIFFING BISCAYNE PK ESTS BLKS 6-A & 40 PB 8-119 LOT 4 BLK 40 LOT SIZE 11250 SQUARE FEET OR 16177-0622 TO 28 1293 4

Less Than 1/4 Acre Lot

Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures had a new roof installed in 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each one beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.

City:North Miami,Zoning:3800,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Wood,Latitude:25.8898201,Cooling Y N:1,Heating Y N:1,List Price:1175000,Listing Id:A11599898,Longitude:-80.1916383,Mls Status:Active,Year Built:1927,Living Area:3289,Postal Code:33161,Street Name:125th St,Coordinates:1:25.8898201,Photos Count:12,Building Name:GRIFFING BISCAYNE PK ESTA,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Griffing Biscayne Pk Esta,On Market Date:2024-06-03,Parcel Number:06-22-30-028-0160,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:340,M I A M I R E_ Style:Fourplex,Public Remarks:Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures had a new roof installed in 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each one beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:B & B Realty of Miami, LLC,Private Remarks:SHOWING AFTER OFFER, SUBJECT TO INSPECTION AND PROFF OF FUNDS. CONTACT AGENT FOR MORE INFOR. ****PLEASE DO NOT DISTRUB TENANTS - DO NOT WALK THE PROPERTIES OR DISTURB TENANTS AT ALL. ANYONE WHO DISTURBS TENANTS WILL BE DISQUALIFIED FROM PURCHASING*** THANK YOU!,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4687,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:GRIFFING BISCAYNE PK ESTA,Tax Annual Amount:16303,Unparsed Address:340 NE 125th St, North Miami FL 33161,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:3289,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:357.2514,Original List Price:1175000,Public Survey Range:22,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures had a new roof installed in 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each one beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.,Listing Contract Date:2024-06-03,Originating System I D:miamire,Public Survey Section:30,Showing Instructions:Call Listing Agent,No Sign,See Broker Remarks,Street Number Numeric:340,Tax Legal Description:GRIFFING BISCAYNE PK ESTS BLKS 6-A & 40 PB 8-119 LOT 4 BLK 40 LOT SIZE 11250 SQUARE FEET OR 16177-0622 TO 28 1293 4,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1519,M I A M I R E_ Internet Remarks:An exceptional property is available in the Redevelopment Area of North Miami, FL offering both comfort & style w/ a capitalization rate exceeding 5%,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-06-03,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:357.25,