USD 2,150,000

710 NE 127th St
North Miami, Florida 33161

For Sale

Property Description

Fausto Commercial is pleased to present this exceptional 8-unit Multifamily Apartment Building. The property consists of 8 one-bedroom/one-bathroom units totaling 4,428 rentable square feet. Property is a 1920s vintage and has undergone a massive renovation in the last few years. Solid opportunity for someone interested in raising rents and adding value to this multifamily income property. Great for short terms rentals such as Airbnb. Property is within the NRO & PCD zoning overlays allowing a mixed-use building to be developed with a maximum of 16 residential units and up to 9 stories in height. It is situated on 7,030 Sq Feet of land. This exceptional property is being offered for sale at $2,150,000.

Listed by Fausto Commercial Realty Consultants Inc

Property Details

ID #
A11332933
Status
Sale
Type
Commercial, Industrial
Zip Code
33161
Year Built
1926
Occupancy
Tenant Occupied
Type of Building
Apartments, Residential-Multi-Family
Utilities
Internet
Zoning Information
6000
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings