845 NE 121st St, North Miami, FL 33161
845 NE 121st St, North Miami, FL 33161
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$ 1,000,000
Est. payment | /mo

1,942 SqFt


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$ 1,000,000
Est. payment | /mo
Save

1,942 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $514

Subdivision Biscayne Terrace

MLS Listing ID A11978086

HOA Y/N No

Year Built 1947

Annual Tax Amount $10,469

Tax Year 2024

Property Sub-Type Duplex

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.

Location

State FL

County Miami-dade

Community Biscayne Terrace

Area 22

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Hardwood, Laminate, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer, Other

Level or Stories One

Structure Type Block

Others

Tax ID 06-22-30-018-0280

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Torque Property Management

Schools and Properties Nearby

Jackie Birnbaum
Jackie Birnbaum

Owner/Licensed Realtor | License ID: 3167107

+1(305) 519-7471 | jackiesrealestate@gmail.com

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845 NE 121st St