Closed

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

1,075,000(-6.98% )
$1,000,000Price
3,289SqFt

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Details

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Status:
Sold
Size: 3,289 ft2 / 306 m2
Price: $304 ft2 / $3,273 m2
Type: Multi Family
Built: 1927
MLS Number: A11599898
On Site: 344 Days
Updated: 73 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

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 BeharB & B Realty of Miami, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$300/ft²
$600/ft²
$800/ft²

Unit 340 NE 125th St – Asking

$304/ft²

(-36%) from Closed Medium $/ft²

Closed Medium $/ft²

$475/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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