South Florida
Closed
Griffing Biscayne Park Estates, 340 NE 125th St, North Miami, FL 33161
1,075,000(-6.98% )
Details
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Status:
Sold - Feb 28, 2025
Size: 3,289 SqFt (306 m2)
Price: $304/SqFt ($3,273/m2)
Type: Multi Family
Built: 1927
MLS Number: A11599898
On Site: 434 Days
Updated: 163 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
Price History
02/28/2025
Date
Sold
Event
$1M
Price
-6.98%
Change Rate
$304 ft2 / $3,273 m2
Price Per
09/24/2024
Date
Price Reduced
Event
$1.1M
Price
-8.51%
Change Rate
$327 ft2 / $3,518 m2
Price Per
06/03/2024
Date
Listed
Event
$1.2M
Price
$357 ft2 / $3,845 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Reyna Behar • B & B Realty of Miami, LLC • Buyer Agency Compensation .
Instant Comps
$100/ft²
$300/ft²
$600/ft²
$800/ft²
Unit 340 NE 125th St – Asking
$304/ft²
(-33%) from Closed Medium $/ft²
Closed Medium $/ft²
$457/ft²
Community $/Price Range (Closed) $270/ft² – $670/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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