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340 NE 125th St, North Miami FL 33161

North Miami, FL 33161

$1,299,000

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Price
$1,299,000
Property type
Commercial Land
Lot size (sq ft)
11,250
MLS number
A12079614

This listing is courtesy of EXP Realty LLC, 888-883-8509.

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About this property

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). NORTH MIAMI "ARTS OVERLAY DISTRICT" allows many CREATIVE uses, Art Studio, Design, Restaurant / Cafe, etc. A Lovely Place, MANY APPLICATIONS. This is YOUR COMPOUND. Flawless 1927 Original BLOCK STRUCTURE, Pristine & FULLY REDONE. New Plumbing, New Electric, New HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths, High-End Stainless Appliances, 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!!! Check w/ your accountant.) 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

Property type
Commercial Land
Lot size (sq ft)
11,250

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

340 NE 125th St, North Miami FL 33161 | Newmar Brokerage, LLC