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

1,175,000(-8.51% )
$1,075,000Price
3,289SqFt

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Size: 3,289 ft2 / 306 m2
Price: $327 ft2 / $3,518 m2
Built: 1927
MLS Number: A11599898
On Site: 171 Days
Updated: 51 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
Price History
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 BeharB & B Realty of Miami, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$200/ft²
$400/ft²
$700/ft²

Unit 340 NE 125th St – Asking

$327/ft²

(-19%) from Closed Medium $/ft²

Closed Medium $/ft²

$402/ft²
Community $/Price Range (Closed) $275/ft² – $507/ft²
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