1217 NE 127th St, North Miami FL 33161
Proud to exclusively present for sale 1217 NE 127 Street. This 8-unit boutique multifamily building is located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops & retail establishments including Whole Foods, Publix, CVS, Walgreens and more. This recently renovated property is now being offered for sale at $1,925,000. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1BA) and 1 (2BR/2BA) apartments, with the gross rental income of over $157,000. High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property, have proven strong performance & resilience in down markets.