Large duplex in the heart of North Miami, currently being used as a triplex. Each unit is spacious, originally configured as 3 bedrooms and 2 bathrooms, but currently utilized as a 3/1, 2/1, and 1/1. The property generates a total monthly income of $5,400, with rents of $2,000, $2,200, and $1,200 respectively, and offers significant upside potential. Recent upgrades include new impact windows, a 4-year-old roof, and new AC units—one 5 years old and the other less than 2 months old. The property boasts a huge backyard with mango and coconut trees, as well as a pool requiring restoration, making it a unique and charming investment opportunity in this rapidly evolving city!
Extremely Large Duplex - Total Sq. 3380 - 3 Bedroom Unit Has Updated Kitchen & Bathrooms - Also Features Mother In Law Quarters With Separate Entrance - Excellent For Additional Income - Cover Patio Great For Family Gathering. Second Unit Features 2- Bedroom & 2-Bathrooms With a Very Large Family Room Currently Being Use As A 3rd Bedroom - Ceramic Floors And More. See Broker Remarks For Showing Instruction.
*** INVESTOR'S DREAM ! - DUPLEX FOR SALE - ENDLESS POSSIBILITIES - PRIME LOCATION *** Charming duplex on 10,696 SF lot boasting MAIN HOUSE: two bedrooms, 1 bath, full kitchen and family room. BACK HOUSE: 1 bedroom, 1 bath and full kitchen. *** POTENTIAL TO DEVELOP 4 UNITS OR TOWNHOUSES *** ZONE R-5 MULTIFAMILY 2-9 UNITS *** Beautiful backyard oasis *** Ample Parking *** Two elec. meters *** Can also be used as an Airbnb or vacation rental ***
Exceptional duplex in a prime location within walking distance to Whole Foods! This tastefully remodeled property offers an outstanding investment opportunity with a potential 7% cap rate. Each unit has been thoughtfully upgraded, including a brand new roof, creating a fresh and modern atmosphere. Private pool area adds a luxurious touch for residents, enhancing rental appeal and lifestyle quality. Conveniently close to shops, dining, and entertainment, making it a desirable choice for tenants. Ideal for investors or owner-occupants looking to maximize returns while enjoying a beautifully renovated space.
REMARKABLE TRI-PLEX POOL HOME! CURRENTLY SET UP AS (3) SEPARATE RENTAL OPPORTUNITIES. (1) MAIN HOUSE. (2) 1 BED AND ONE BATH UNIT ATTACHED TO MAIN HOUSE WITH SEPARATE ENTRY/EXIT. (3) POOL HOUSE WHICH IS A SEPARATE STRUCTURE ALL TOGETHER. THIS IS A GREAT MULTIFAMILY HOME IN ONE OF THE BEST MULTIFAMILY ZONED AREAS OF EAST NORTH MIAMI BEACH. CURRENT ZONING: 3800/MULTI-FAMILY - 22-37 U/A. THIS HOME IS CURRENTLY OCCUPIED BY THE OWNER WITH BOTH OF THE ADDITIONAL UNITS ARE IN VACANT STATUS, READY TO SELL. ANY BUYER HAS MULTIPLE OPTIONS HERE. COULD BE A SINGLE FAMILY HOME. WITH ITS OWN POOL HOUSE / IN-LAW QUARTERS / GUEST HOUSE / ETC. COULD LIVE IN THE MAIN HOUSE AND RENT THE OTHER TWO. LIVE IN THE POOL HOUSE AND RENT BOTH THE FRONT OPTIONS? OR RENT ALL 3. 1 ELECTRIC AND ONE WATER METER. NO HOA.
PRICE REDUCED FOR A QUICK SALE. Property to sell AS IS Condition. New Roof replaced July 22, 2024. This duplex is conveniently located in the heart of North Miami. Great investment opportunity for business oriented people. Currently, the property is being rented with 5 different tenants on a month to month basis as follow: A.- 1 Two (2) beds One (1) bath rented for $2600 per month B.- 1 Two (2) beds One (1) bath rented for $2500 per month C.- 1 Studio for $1100 per month D.- 1 Studio for $1000 per month E.- 1 Bed 1 bath for $1500 per month All units are rented on a month to month basis at this time. Total Gross Monthly Income: $8700.00 Property is being sold AS IS. Please drive by. Very difficult to show the whole property during a one showing as tenants are not available together.
DUPLEX PROPERTY ON LARGE LOT WITH 10,350 SQ. FEET. HUGE UPSIDE POTENTIAL AS LIBERAL ZONING ALLOWS FOR INTENSIVE REDEVELOPMENT. PLEASE PROVIDE 24 HOURS NOTICE FOR SHOWINGS. DO NOT DISTURB CURRENT TENANTS.
Located in a private "cul-de-sac" sits this REMODELED gem on a 12,000sf lot with 4,308sf of luxurious living space. Featuring 4Bed / 5Bath, this property is perfect for families or investors. The main home includes 2 en-suite master bedrooms and a 1-bedroom en-suite with kitchenette. The second unit is a charming 1Bed / 1Bath with a full kitchen, its own laundry room, and gated parking. Enjoy your backyard oasis with a screened swimming pool and spa, ideal for relaxation and entertaining. Special features: SMART HOME tech (Lutron Smart Lighting, WiFi speakers, Nest cameras, locks, fans), new motor gate, 2 Carrier A/C units (2021 & 2022), and a new roof (2020). This dream property seamlessly combines comfort, convenience, and growth potential. Don't miss this tremendous opportunity.
Price Adjustment- Exceptional Multifamily Property in Promising Redevelopment Area! Welcome to 340 NE 125th 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 over 3,289 sqft, the property includes 2 structures-a charming single-story residence & a sizeable 2-story building comprised of 3 efficiencies. Both structures have new roofs, 2016. The SFH is a serene abode w/ cozy living spaces, lush natural light, central AC, & hardwood flooring that gives it a warm, welcoming vibe. The two-story building consists of 3 large efficiencies, each beautifully remodeled. This property holds significant development potential, making it an excellent investment opportunity.
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Beautiful fully renovated Duplex in North Miami, conveniently located near public transportation, shops, and restaurants. Each Unit features 3 bedrooms 2 bathroom. The neighborhood has a strong rental market. The property has been fully renovated, including new roofing, Impact windows & doors, updated kitchens and bathrooms, new flooring, modern lighting fixtures, new appliances in both units, including stainless steel refrigerators and ovens. The property has strong rental potential, with each unit having separate utilities and in-unit laundry facilities. 1 Unit is rented for $3,600/month annual lease
The median home value in North Miami, FL is $442,500. This is lower than the county median home value of $463,600. The national median home value is $338,100. The average price of homes sold in North Miami, FL is $442,500. Approximately 40.29% of North Miami homes are owned, compared to 50.55% rented, while 9.17% are vacant. North Miami real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Miami real estate agent to arrange a tour today!
North Miami, Florida has a population of 60,449. North Miami is less family-centric than the surrounding county with 26.09% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in North Miami, Florida is $44,283. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in North Miami is 38.2 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 58.7 degrees. The average rainfall is approximately 60.7 inches per year, with 0 inches of snow per year.