Property Description
Prime development opportunity in North Miami. Oversized 13,000 sq ft lot with existing income-producing duplex currently leased. The property received administrative approval from the city of North Miami to construct a 5 unit multifamily building, offering excellent redevelopment potential. Investors may choose to renovate and hold the existing duplex for rental income or move forward with the approval multifamily project. Also, an ideal opportunity to build a custom dream home on a large lot just minutes from Miami Shores, top schools and neighborhood shops. The exiting duplex is currently leased and in need of renovations. Tenant occupied, Do Not Disturb tenants or walk the property.
Features
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- North Miami
- Zipcode:
- 33161
- Street:
- 845 Ne 121st St, North Miami, Florida 33161
- Longitude:
- W81° 49' 7.2''
- Latitude:
- N25° 53' 13.5''
MLS Addon
- Building Area:
- 2,790 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 2
- DOM:
- 3
- Flooring:
- Wood, Ceramic Tile, Hardwood, Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 06-22-30-018-0280
- Subdivision Name:
- BISCAYNE TERRACE
- Tax Annual Amount:
- $10,469
- Tax Year:
- 2024
- Utilities
Residential Income For Sale
845 Ne 121st St, North Miami, Florida 33161, North Miami, Florida 33161
1,942 Sqft
$1,000,000
MLS # #A11978086
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,000,000
- Square Footage :
- 1,942 Sqft
- Year Built :
- 1947
- MLS # :
- A11978086
- Property Sub Type :
- Duplex
