1217 NE 127th St

$1,985,000

1217 NE 127th St North Miami

33

Home61's Closings in

North Miami

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 22,137
$ /sqft
-
Half Bath/WC
-
Parking Space
8
Building
-
On market
20 days
$ /sqft
-
Type
other
Year Built
1958
Unit
-
Zip Code
33161
Ref./MLS ID
A11585063

DESCRIPTION

Proud to exclusively present for sale 1217 ne 127 street.  This 8-unit boutique multifamily building is located in one of the best areas in north miami, just a few blocks from biscayne boulevard and bustling 125th street.  This recently renovated property is now being offered for sale at $1,985,000.  The property features a spacious unit mix of 7 (1br/1 ba) and 1 (2br/2ba) apartments.  All units are rented and provide a steady cash flow, with gross rental income of over $167,000 per year.  High demand for quality rentals in this area has kept rent prices rising and will continue to do so for the foreseeable future.  Middle income multifamily properties in great neighborhoods, such as this property, have proven strong performance and resilience in down markets.  


Data is provided by Miami Board of Realtors.

Public transportation

NE 12 Av & NE 128 St
10
1 mins
NE 12 Av & NE 127 St
10
1 mins
NE 12 Av & NE 126 St
10
2 mins
NE 12 Av & NE 125 St
10
2 mins

Nearby School In North Miami

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
2
Aspira Raul Arnaldo Martinez Charter School
6-8
1.3 miles
3
North Miami Senior High School
9-12
0.7 miles
3
Archcreek Elementary School
PK-5
0.9 miles
4
North Miami Middle School
6-8
0.8 miles
Listed on May 09, 2024 by Ronald Mann from APEX Capital Realty LLC, this other is for sale. other for sale in North Miami listed at $1,985,000, Reference A11585063

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial 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.