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
Agent info
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