1. Florida
2. North Miami
3. 1217 NE 127th St

1217 NE 127th St, North Miami, FL 33161

• 5,190 sqft

Property Description

This 8-unit boutique multifamily building located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops and retail establishments including Whole Foods, Publix, CVS, Walgreens and more. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1 BA) and 1 (2BR/2BA) apartments with ample parking for all tenants and guests. Fully renovated with ample assigned parking for tenants and guests. New Hurricane Impact windows, fences, and exterior painting. Included are 20x20 porcelain tile floors, new countertops in kitchen and bathrooms, updated showers, bathtubs. 40-year recertification completed. Annual NOI of $121,000 with current 6.53% cap rate. Contact Agent for Full Brochure including Financials and Rent Roll

Listing Status:

Active

Date Added:

February 12, 2025 at 06:00AM

Listing Office:

MCG Realty Advisors : 305-490-1404

Listing Agent:

Timothy Martorella : 305-375-9110

MLS ID:

A11746150

Interior

• Flooring: Ceramic Floor

Exterior

Construction

Location

Lot

Financial

This listing courtesy of Timothy Martorella, MCG Realty Advisors