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 SF) 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
more.
The property sits on an oversized lot (10,950 SF) 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
Property Details
Price:
$1,845,000
MLS #:
A11746150
Status:
Active
Beds:
0
Baths:
0
Address:
1217 NE 127th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
North Miami
Listed Date:
Feb 12, 2025
State:
FL
Finished Sq Ft:
5,190
Total Sq Ft:
5,190
ZIP:
33161
Year Built:
1958
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Flooring
Ceramic Floor
Exterior
Construction Materials
Plaster
Parking Features
Assigned
Parking Spots
8
Roof
Slate
Financial
Taxes
$24,708
Map
Community
- Address1217 NE 127th St North Miami FL
- CityNorth Miami
- CountyMiami-Dade County
- Zip Code33161
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1217 NE 127th St
North Miami, FL
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