About This Home
This land at 340 NE 125th St in North Miami, FL is listed for $1,390,000 (0.26 acres).
Key Features
- 0.26 acre lot
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. Call Now!
Location
340 NE 125th St
North Miami, FL 33161
GRIFFING BISCAYNE PK ESTA
Questions & Answers
This 0-bedroom, 0-bathroom land at 340 NE 125th St is listed at $1,390,000. The estimated monthly payment is $7,434 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.26 acre lot.
This property is listed by John Salt and can be reached at 7864850888.
