340 125Th Ter North Miami, FL 33161
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 340 125Th Ter
- Year built
- 1927
- Property type
- Small apartment buildings
Description
Exceptional investment opportunity awaits in North Miami, Florida. This multifamily property, located at 340 NE 125th St, 33161, consists of four units spread across two structures on a 3,289 square foot lot. The property includes a charming single-story residence and a substantial two-story building containing three efficiency units. Both structures boast new roofs installed in 2016. The single-family home offers comfortable living spaces, abundant natural light, central air conditioning, and hardwood flooring. The three efficiency units in the two-story building have been beautifully remodeled. This property is situated in a promising redevelopment area of North Miami, within Miami-Dade County, and offers a cap rate exceeding 5%. Built in 1927, this two-story building presents significant development potential, making it an attractive investment for those seeking strong returns in a rapidly growing market. The property is a compelling blend of established income and future upside, offering a rare opportunity to acquire a well-maintained multifamily asset with substantial growth potential. This is a four-unit apartment building, ideal for both seasoned investors and those seeking to enter the multifamily market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1916383
- Latitude
- 25.8898201
