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Image 1 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 2 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 3 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 4 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 5 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 6 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 7 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 8 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Image 9 - 340 Ne 125th St, North Miami, Florida, 33161 - House for sale
Home For Sale In North Miami, Florida
340 Ne 125th St, North Miami, Florida, 33161

Home For Sale In North Miami, Florida

house for sale
Listed: 06/05/24

340 Ne 125th St, North Miami, Florida, 33161

3 Bed:
10 Bath:
3,289 Sq Ft Living Area:
Save
Price
$ 1,18M

About This House

Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to340 NE125th St-a multifamily property set amidst the thriving hub of North Miami, FL. This comprehensive property promises you a blend of comfort, style, boasting a cap rate exceeding 5%. Spread over3, 289sqft, the property includes 2 structures-a charming single-story residence and a sizeable 2-story building comprised of 3 efficiencies. Both structures had a new roof installed in 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, and hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each one beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.

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North Miami Housing & Living

Household Income

Median household income: $39,723
Number of households: 18,399
The average household income in North Miami, FL grew from $37,490 to $39,723 in the past year. This data is an estimate based upon 18,399 households in North Miami, FL.
The chart below presents how household income is distributed in North Miami, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in North Miami, FL compared to median property taxes around the country. The prevalent amount of property taxes in North Miami, FL equals $800-$1,500 , which is less than the national average.