340 Ne 125th St, North Miami, FL 33161

$1,390,000
3,289
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,390,000
MLS
A12075717
Complex Name
Griffing Biscayne Pk Esta
Status
ACTIVE
Type
Multifamily
Living Area
3,289

Property Description

Spectacular Covered Land Investment in Booming Downtown NoMi. Two Buildings, Gorgeous FULLY REMODELED 3 Bed / 2 Bath Front Home + Perfectly Positioned CASHFLOWING TRIPLEX IN BACK. 4 Total Units + Separate Storage, 3,289 SF Total on a Quarter Acre! High Ceilings, Bright Natural Light, Flowing Spaces. HIGH DENSITY [R-6] ZONING, 110+ Feet Height Limit, TONS OF DEVELOPMENT PERCS/DENSITY BONUSES with Florida Live Local Act, Workforce Housing, etc (Buyer to Research & Verify All Info). A Lovely Place with SO MANY APPLICATIONS. Consider how YOU would use this Space. This is YOUR COMPOUND. Flawless 1927 Original BLOCK STRUCTURE, Pristine & FULLY REDONE. New Plumbing, New Electric, New Mechanical/HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths, New High-End Stainless Appliances, Fixtures, etc. NO-EXPENSE SPARED! Large Carport, 10 Parking Spaces, Rare in Downtown! Also Please Note, this is an OPPORTUNITY ZONE (HUGE TAX BENEFITS when you hold for 5 Years & pay NO CAPITAL GAINS if you hold for 10 yrs!!!) Strong Income in Place with Flexible Lease Options. Inquire for Full Details. Incredible BUY & HOLD INVESTMENT w/ HUGE UPSIDE for Future Redevelopment. NON-FLOOD ZONE = Huge Insurance Savings + Peace of Mind. A++ LOCATION Walk to Downtown North Miami, Enjoy Restaurants, Shops, Museum of Contemporary Art, Yoga & More! 4 Mins to Whole Foods, 9 to Wynwood, 10 to Beach / Bal Harbour, 12 to Miami International Airport. Call Now!

Additional Information

Days on Market
0
Style
Quadruplex, Fourplex
#Parking Spaces
10
Year Built
1927
Development Name
Griffing Biscayne Pk Esta
#Stories
2
Construction Type
CBS Construction
Section
30

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of EXP Realty LLC, Contact: