1217 127th St ,Residential-multi-family for Sale

1217 127th St for Sale

Price $1,895,000.00

• Lot size 10950
• Year Build 1958
• Waterfront
• Zip 33161
• Style
• Parking Description
• Pool Yes
• Status Active

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 & 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.

HAMPSHIRE HEATH PB 11-46 W1/2 LOT 8 & ALL LOT 9 LOT SIZE 10950 SQUARE FEET OR 20703-4422 09 2002 1 COC 24235-4184 02 2006 1

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.

City:North Miami,Zoning:3700,List A O R:A-Miami Association of REALTORS,Latitude:25.8929179,List Price:1895000,Listing Id:A11648235,Longitude:-80.1737932,Mls Status:Active,Year Built:1958,Postal Code:33161,Street Name:127th St,Coordinates:1:25.8929179,Photos Count:6,Days On Market:63,Lot Size Units:Square Feet,M I A M I R E_ Area:29,On Market Date:2024-08-26,Parcel Number:06-22-29-037-0050,Parking Total:8,Property Type:Commercial Sale,Street Number:1217,Public 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.,County Or Parish:Miami-Dade County,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5144,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Unparsed Address:1217 NE 127th St, North Miami FL 33161,Listing Agreement:Exclusive Agency,Building Area Total:5190,Building Area Units:Square Feet,Lot Size Square Feet:10950,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:1850000,Previous List Price:18950000,Public Survey Range:22,I D X Participation Y N:1,Net Operating Income:129460,Syndication 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.,Listing Contract Date:2024-08-26,Originating System I D:miamire,Public Survey Section:29,Showing Instructions:Call Listing Agent,Street Number Numeric:1217,Tax Legal Description:HAMPSHIRE HEATH PB 11-46 W1/2 LOT 8 & ALL LOT 9 LOT SIZE 10950 SQUARE FEET OR 20703-4422 09 2002 1 COC 24235-4184 02 2006 1,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:A Prime North Miami Multifamily Investment Opportunity,Contract Status Change Date:2024-08-26,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,