340 NE 125th Street,North Miami, FL 33161
North Miami, FL 33161
Description
Spectacular Covered Land Investment in Booming Downtown NoMi. Two Buildings, Gorgeous FULLY REMODELED 3 Bed / 2 Bath Front Home + Perfectly Positioned CASHFLOWING TRIPLEX IN BACK. 4 Total Units + Separate Storage, 3,289 SF Total on a Quarter Acre! High Ceilings, Bright Natural Light, Flowing Spaces. HIGH DENSITY [R-6] ZONING, 110+ Feet Height Limit, TONS OF DEVELOPMENT PERCS/DENSITY BONUSES with Florida Live Local Act, Workforce Housing, etc (Buyer to Research & Verify All Info). A Lovely Place with SO MANY APPLICATIONS. Consider how YOU would use this Space. This is YOUR COMPOUND. Flawless 1927 Original BLOCK STRUCTURE, Pristine & FULLY REDONE. New Plumbing, New Electric, New Mechanical/HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths, New High-End Stainless Appliances, Fixtures, etc. NO-EXPENSE SPARED! Large Carport, 10 Parking Spaces, Rare in Downtown! Also Please Note, this is an OPPORTUNITY ZONE (HUGE TAX BENEFITS when you hold for 5 Years & pay NO CAPITAL GAINS if you hold for 10 yrs!!!) Strong Income in Place with Flexible Lease Options. Inquire for Full Details. Incredible BUY & HOLD INVESTMENT w/ HUGE UPSIDE for Future Redevelopment. NON-FLOOD ZONE = Huge Insurance Savings + Peace of Mind. A++ LOCATION Walk to Downtown North Miami, Enjoy Restaurants, Shops, Museum of Contemporary Art, Yoga & More! 4 Mins to Whole Foods, 9 to Wynwood, 10 to Beach / Bal Harbour, 12 to Miami International Airport. Call Now!
Details
| MLS # | A12079603 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 43 |
| Listing Provided By | EXP Realty LLC | John Salt |
Features
| Zoning | 3800 |
|---|---|
| Acreage | 0.26 |
Taxes
| Tax Annual Amount | 16411 |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 2220 |
| Community Name | GRIFFING BISCAYNE PK ESTA |
| Listing VS Median (in GRIFFING BISCAYNE PK ESTA) | |
Price: $1,390,000 low | high Med: $489,000 On site: 43 low | high Med: 6 | |
Market Activity 33161
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 2220 |
| Community Name | GRIFFING BISCAYNE PK ESTA |
| Listing VS Median (in GRIFFING BISCAYNE PK ESTA) | |
Price: $1,390,000 low | high Med: $489,000 On site: 43 low | high Med: 6 | |