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1217 NE 127th St, North Miami FL 33161,North Miami,Miami-Dade County,Commercial Sale

  • $1,745,000

Overview

Property ID: A11746150
  • Income/MultiFamily
  • Property Type

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 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

  • Address: 127th St
  • City: North Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33161

Details

Updated on August 29, 2025 at 4:40 pm
  • Property ID A11746150
  • Price $1,745,000
  • Year Built 1958
  • Property Type Income/MultiFamily
  • Property Status Commercial Sale

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