Multifamily in North Miami, FL 33161
Griffing Biscayne Park Estates, 340 NE 125th St

$1.2M14.9%
$1,000,000
3,289
SqFt
Status
Sold - Feb 28, 2025
Size
3,289 SqFt (306 m2)
Price
$304/SqFt ($3,273/m2)
Type
Multifamily
Built
1927
MLS Number
A11599898
On Site
834 Days
Updated
19 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Other
      Interior, Heating and Cooling
      • Heating Description: Central,WallFurnace
      • Cooling Description: CentralAir, WallWindowUnits
      Building and Construction
      • Floor Description: Hardwood,Vinyl,Wood
      • Year Built: 1927
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-06-03T16:42:54.000-00:00
        Taxes, Fees & More
        • Taxes: 16303

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        Price History

        Current
        $1M
        High
        $1.2M
        Low
        $1M
        Total Change
        -14.9%
        $1.2M$1.1M$979KJun 24Sep 24Feb 25
        Date
        Event
        Price
        Change
        Price Per
        02/28/2025
        Sold
        $1M
        -6.98%
        $304 ft2
        $3,273 m2
        09/24/2024
        Price Reduced
        $1.1M
        -8.51%
        $327 ft2
        $3,518 m2
        06/03/2024
        Listed
        $1.2M
         
        $357 ft2
        $3,845 m2
        02/28/2025
        $1M
        Event
        Sold
        Change
        -6.98%
        Price Per
        $304 ft2
        $3,273 m2
        09/24/2024
        $1.1M
        Event
        Price Reduced
        Change
        -8.51%
        Price Per
        $327 ft2
        $3,518 m2
        06/03/2024
        $1.2M
        Event
        Listed
        Price Per
        $357 ft2
        $3,845 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Reyna BeharB & B Realty of Miami, LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        75

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        45

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        51

        100
        Sound Score®
        Bearable noise
        76

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        32

        100
        Local Score
        Limited local amenities nearby
        2

        100
        Community Snapshot
        2 – 6 BR
        Bedrooms
        $479K – $2.1M
        Price Tier
        832 - 7,259
        SqFt Range
        1951
        Year Build
        1
        Total Floors
        418
        Total Units

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