1217 NE 127th St, North Miami, Florida 33161
MLS#: A11746150
$1,795,000 USD
Listed By MCG Realty Advisors
The Commercial Property for Sale located at North Miami, Florida 33161 is currently for sale. North Miami, Florida 33161 is listed for $1,795,000. This property has Total Parking, Assigned features. If the property located at North Miami, Florida 33161 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in North Miami .
Date Updated : Jun 12, 2025
Property features
Key features
- Total Parking
- Assigned
Construction details
- Building condition: New Construction
- Roofing: Slate
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
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.