$1,299,000
North Miami, FL 33161
MLS# A12079638
3289 sqft
1 / 57
Property Description
Spectacular Covered Land Investment in Booming Downtown NoMi. Two Buildings, Gorgeous FULLY REMODELED 3 Bed / 2 Bath Front Home + Perfectly Positioned CASHFLOWING TRIPLEX IN BACK. 4 Total Units + Separate Storage, 3,289 SF Total on a Quarter Acre! High Ceilings, Bright Natural Light, Flowing Spaces. HIGH DENSITY [R-6] ZONING, 110+ Feet Height Limit, TONS OF DEVELOPMENT PERCS/DENSITY BONUSES with Florida Live Local Act, Workforce Housing, etc (Buyer to Research & Verify All Info). NORTH MIAMI "ARTS OVERLAY DISTRICT" allows many CREATIVE uses, Art Studio, Design, Restaurant / Cafe, etc. A Lovely Place, MANY APPLICATIONS. This is YOUR COMPOUND. Flawless 1927 Original BLOCK STRUCTURE, Pristine & FULLY REDONE. New Plumbing, New Electric, New HVAC, COMPLETED IMPACT GLASS, New Kitchen, Baths, High-End Stainless Appliances, etc. NO-EXPENSE SPARED! Large Carport, 10 Parking Spaces, Rare in Downtown! Also Please Note, this is an OPPORTUNITY ZONE (HUGE TAX BENEFITS when you hold for 5 Years & pay NO CAPITAL GAINS if you hold for 10 yrs!!! Check w/ your accountant.) Strong Income in Place with Flexible Lease Options. Inquire for Full Details. Incredible BUY & HOLD INVESTMENT w/ HUGE UPSIDE for Future Redevelopment. NON-FLOOD ZONE = Huge Insurance Savings + Peace of Mind. A++ LOCATION Walk to Downtown North Miami, Enjoy Restaurants, Shops, Museum of Contemporary Art, Yoga & More! 4 Mins to Whole Foods, 9 to Wynwood, 10 to Beach / Bal Harbour, 12 to Miami International Airport. Call Now!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-28
Status: Active
Original List Price: 1390000
List Price: $1,299,000
Current Price: $1,299,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: North Miami
Municipal Code: 6
Postal Code: 33161
Subdivision Number: 28
Flood Zone: X
Country: United States
Street Number: 340
Street Direction Prefix: NE
Street Name: 125th
Street Suffix: Street
State Or Province: FL
Postal Code +4: 4687
Area: 2220
Parcel Number: 0622300280160
Zoning: 3800
Directions: Please use Google Maps.
General Property Information
Number Of Buildings: 2
Occupant Type: Call Listing Agent
Lot Size Area: 11250
Property Sub Type: Multi Family
Building Area Main: 3289
Year Built: 1927
Lot Size Acres: 0.26
Office/Member Information
DXORIGMLSID: SEF
Business Type
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Showing Requirements
Showing Service: 1
Price Calculations
Current Price To SqFt: 394.95
Section Details
Parcel Number MLX: 0160
Financial Information
Tax Legal Description: GRIFFING BISCAYNE PK ESTS BLKS 6-A & 40 PB 8-119 LOT 4 BLK 40 LOT SIZE 11250 SQUARE FEET OR 16177-0622 TO 28 1293 4
Status Change Information
Major Change Timestamp: 2026-10-20T20:52:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-20T20:52:35Z
Status Change Date: 2026-08-28
Originating Details
Originating System Key: 560443881
Originating System ID: M00000151
Property Features
Business Type: Other
Listing Terms: Cash; Conventional
Showing Requirements: Showing Service
Listing Office: EXP Realty LLC
Last Updated: November - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
