Basic Information

  • MLS # A11746150
  • Type Multi Family
  • Status Active
  • Total Sqft 10,950
  • Date Listed 02/16/2025
  • Days on Market 88
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 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 20x20 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

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Assigned
  • Roof Description Slate
  • Style Multi Family

Interior Features

  • Adjusted Sqft 10,950Sq.Ft
  • Floor Description Ceramic Tile
  • Sqft 10,950 Sq.Ft

Property Features

  • Address 1217 NE 127th St
  • Aprox. Lot Size 10,950
  • City North Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash
  • Occupant Type Tenant
  • Parking Features Assigned
  • Postal City North Miami
  • Public Survey Section One
  • Public Survey Township 6
  • Roof Slate
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $24,708
  • Tax Legal desc H A M P S H I R E H E A T H P B11-46 W1/2 L O T8& A L L L O T9 L O T S I Z E10950 S Q U A R E F E E T O R20703-44220920021 C O C24235-41840220061
  • Tax Year 0
  • Terms Considered Cash
  • Type of Property Multi Family
  • Window Features Impact Glass
  • Year Built Details New Construction

1217 NE 127th St

North Miami, FL 33161

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: MCG Realty Advisors. tel: 305-490-1404

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