Active

1217 NE 127th St

North Miami FL, 33161

$1,895,000


$365.13 per sqft

Active

5,190 sqft

Commercial

Built in 1958

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.

A11648235

MLS ID

August 26, 2024

Listed

September 17, 2024

Updated

Map

1217 NE 127th St
North Miami FL, 33161

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres

Other Property Details

Days on Market

8


Garage

No


Parking Total

8


View

No


County

Miami-Dade County


Pool

No


Zoning

3700

Listing History

Date

Event

Price

8/27/2024

Price change

$1,895,000

-90%

8/27/2024

Price change

$18,950,000

924%

Listed by:  APEX Capital Realty LLC
Listing Contact: 305-490-1404 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 12:49 PM UTC, 9/17/2024.

Powered byLuxury Presence