$1,900,000
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12240 NE 5th Ave North Miami, FL 33161
Fourplex
Residence
Beds
Baths
...
Bed/Bath
4,479
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. One of the unique features of this property is its value-add potential, as it has the right to build an additiona...l up to 14 unit and add 6 units to the existing structure, plans available could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. Great opportunity SELLER FINANCE UP TO 30 %It is rented 25% below market value. Pro forma calculated by Miami Dade Housing 2024
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MLS#
A11446202
Property Type
Fourplex
Year Built
1951
Square Feet
4,479
sq. ft
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