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    Property profile

    1540 128th St North Miami, FL 33161

    OFF-MARKET
    Commercial land
    Property ID
    US19-0873133
    968 SF 0.19 ac lot Built 1950
    Entity Owned 4-yr Hold
    Saved · see the list in your Dashboard

    Property summary

    AI-generated overview

    This stunning, newly constructed four-unit apartment building is located at 1540 NE 128th St, North Miami, FL 33161, in Miami-Dade County. Completed in 2024, this two-story property offers a luxurious living experience. Each of the four units boasts two bedrooms and two bathrooms, featuring floor-to-ceiling windows, high-end kitchen appliances, and custom solid wood doors and closets. Residents enjoy the added luxury of two private rooftop Jacuzzis and a ground-level pool surrounded by a heat-resistant deck. The property also provides secure parking with two assigned spaces per unit within a gated entrance. This exceptional property represents a unique investment opportunity in a thriving area experiencing significant residential and commercial growth. The meticulous attention to detail and use of premium materials ensure lasting durability and high-end appeal. The asking price is $2,450,000. All offers are welcome. Contact us today to request floor plans and additional photos. Easy to show.

    Property profile

    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1950
    Construction CONCRETE
    Total area 968 SF
    Lot 0.19 ac (8,438 SF)
    Zoning code 3800:MULTI-FAM,22-37 U/A
    APN 06-2229-041-0260
    UPID US19-0873133

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    1540 128th St North Miami, FL 33161-5224
    North Miami metro Census 124 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $2.45M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.45M

    Owner & transaction history

    since 2022
    Last sale
    $2.5M
    4 recorded transactions
    2022
    Price N/A
    2020
    $245,000
    1969
    Price N/A
    1969
    Price N/A

    Zoning & alternative use

    3800:MULTI-FAM,22-37 U/A · North Miami, FL

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $260,000
      0.06 Acres
      11820 Dixie Hwy, Unit 22
      VACANT COMMERCIAL LAND
      11820 Dixie Hwy, Miami, FL 33161-6108
      View Details
    • Value Estimation
      $300,000
      0.22 Acres
      N
      VACANT COMMERCIAL LAND
      N, Miami, FL 33161
      View Details
    • Value Estimation
      $300,000
      0.23 Acres
      Miami, FL 33161
      VACANT COMMERCIAL LAND
      Miami, FL 33161
      View Details
    • Value Estimation
      $2,190,000
      0.06 Acres
      Miami, FL 33161
      VACANT COMMERCIAL LAND
      Miami, FL 33161
      View Details
    • Value Estimation
      $1,455,000
      0.09 Acres
      N
      VACANT COMMERCIAL LAND
      N, Miami, FL 33161
      View Details
    • Value Estimation
      $285,000
      0.15 Acres
      N
      VACANT COMMERCIAL LAND
      N, Miami, FL 33161
      View Details

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      1.00 Acre
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    • New
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    Similar Nearby for Lease

    • New
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    • $2,450/Mo
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    • $2,400/Mo
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    • $1,200/Mo
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    • New
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      1,100 sqft
      Retail Space on Dixie Hwy
      Prime retail space ideal for smoke shop or similar businesses.
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      View Details
    • $3,500/Mo
      Corner Duplex with Private Yard
      Three-bedroom, two-bath corner duplex with attached parking, porch, and a washer/dryer room for comfortable short-term living.
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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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