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Investment Highlights
- Walkable to Supermarket, Bank, Pharmacy, Restaurants, Shopping and More!
- FULLY REMODELED 3 Bed / 2 Bath Front Home + Perfectly Positioned CASH FLOWING TRIPLEX IN BACK
- Incredible BUY & HOLD INVESTMENT w/ HUGE UPSIDE for Future Redevelopment
- Spectacular Covered Land Investment in Booming Downtown NoMi
- New Plumbing, New Electric, New Mechanical/HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths
- NON-FLOOD ZONE = Huge Insurance Savings + Peace of Mind
Executive Summary
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.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,289 SF
Building Class
C
Year Built
1927
Price
$1,390,000
Price Per SF
$422.62
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,289 SF
Building FAR
0.29
Lot Size
0.26 AC
Zoning
Primary Zone 3800 - HIGH DENSITY [R-6] ZONING, 110+ Feet Height Limit, TONS OF DEVELOPMENT PERCS/DENSITY BONUSES with Florida Live Local Act, Workforce Housing, etc
Parking
10 Spaces (3.04 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 06-2230-028-0160 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $753,116 |
Property Taxes
Parcel Number
06-2230-028-0160
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$753,116
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Contact the Sale Advisor
340 NE 125th St



