340 NE 125th St - Office/Residential FOR SALE


North Miami, FL 33161
$1,390,000 USD
305-890-6003
340 NE 125th St, North Miami, FL for Sale
$1,390,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

340 NE 125th St
North Miami, FL 33161


HIGHLIGHTS

  • Walkable to Supermarket, Bank, Pharmacy, Restaurants, Shopping and More!
  • Spectacular Covered Land Investment in Booming Downtown NoMi
  • FULLY REMODELED 3 Bed / 2 Bath Front Home + Perfectly Positioned CASH FLOWING TRIPLEX IN BACK
  • New Plumbing, New Electric, New Mechanical/HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths
  • Incredible BUY & HOLD INVESTMENT w/ HUGE UPSIDE for Future Redevelopment
  • NON-FLOOD ZONE = Huge Insurance Savings + Peace of Mind

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,310 SF

ZONING

Primary Zone 3800

APN/PARCEL ID

06-2230-028-0160

ASK ABOUT THIS PROPERTY

John SalteXp RealtyMore Info
305-890-6003

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John SalteXp RealtyMore Info
305-890-6003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.