1217 NORTH EAST 127TH ST, North Miami
$1,745,000 USD
Pictures
Map
Contact us
Schedule Tour
| Address | 1217 NORTH EAST 127TH ST, North Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $1,745,000 |
| Previous Price | $1,795,000 (29 days ago) |
| Property Status | Active |
| MLS Number | A11746150 |
| Property Size | 10950 |
| Lot Size | 10950 |
| Parking Space Number | 8 |
| Folio Number | 06-22-29-037-0050 |
| Zoning Information | 3700 |
| Days on Market | 223 |
Detailed 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 sq.ft) 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 20×20 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
Internet
Property added to favorites
Loan
Mortgage
Expert
Hide
Address Information
| State | Florida |
| City | North Miami |
| County | Miami-Dade County |
| Zip Code | 33161 |
| Address | 1217 NORTH EAST 127TH ST |
| Section | 29 |
| Zip Code (4 Digits) | 5144 |
Financial Information
| Price | $1,745,000 |
| Price per Foot | $0 |
| Previous Price | $1,795,000 |
| Folio Number | 06-22-29-037-0050 |
| Tax Amount | $24,708 |
Full Descriptions
| Detailed 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 sq.ft) 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 20×20 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 |
| Year Built Description | New Construction |
| Roof Description | Slate |
| Floor Description | Ceramic Floor |
| Parking Description | Additional Spaces Available, Assigned |
Property parameters
| Living Area | 10950 |
| Lot Size | 10950 |
| Total Acreage | 0.000 |
| Zoning Information | 3700 |
| Maximum Leasable Size | 10950 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Construction Type | Concrete Block Construction,Plaster |
| Stories Number | 1 |
| Street Direction | North East |
| Parking Space Number | 8 |
| Listed with | MCG Realty Advisors |