340 NE 125th St, North Miami, FL 33161
sale
$1,299,000
|
Other
Courtesy Of EXP REALTY LLC
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). NORTH MIAMI "ARTS OVERLAY DISTRICT" allows many CREATIVE uses, Art Studio, Design, Restaurant / Cafe, etc. A Lovely Place, MANY APPLICATIONS. This is YOUR COMPOUND. Flawless 1927 Original BLOCK STRUCTURE, Pristine & FULLY REDONE. New Plumbing, New Electric, New HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths, High-End Stainless Appliances, 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!!! Check w/ your accountant.) 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!
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Legal Description: GRIFFING BISCAYNE PK ESTS BLKS 6-A & 40 PB 8-119 LOT 4 BLK 40 LOT SIZE 11250 SQUARE FEET OR 16177-0622 TO 28 1293 4
- MLSID: A12079638
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