$1,000,000
$1,075,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
340 NE 125th St North Miami, FL 33161
3,289 SqFt
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,289 sqft
Price per Sqft $304
Subdivision Griffing Biscayne Pk Esta
MLS Listing ID A11599898
Sold Date 02/28/25
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1927
Annual Tax Amount $16,303
Tax Year 2023
Contingent Other
Property Sub-Type Quadruplex
Property Description
Price Adjustment- Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures have new roofs, 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.
Location
State FL
County Miami-dade
Community Griffing Biscayne Pk Esta
Area 22
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Hardwood, Vinyl, Wood
Exterior
Exterior Feature Fence, Other
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 06-22-30-028-0160
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with B & B Realty of Miami, LLC