$1,000,000
SOLD FEB 28, 2025

340 NE 125th St North Miami, FL 33161

-- Bed
-- Bath
3,289 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$304 Per Sq Ft

7% Below List Price

269 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2025

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.

Last Agent to Sell the Property

Reyna Behar

B & B Realty of Miami, LLC License #3014502

Last Buyer's Agent

Reyna Behar

B & B Realty of Miami, LLC License #3014502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,303

Year Built

  • Built in 1927

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof

Interior Spaces

  • 3,289 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Griffing Biscayne Pk Esta Condos
  • Griffing Biscayne Pk Esta Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 06-22-30-028-0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,303

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: GRIFFING BISCAYNE PK ESTA
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Vinyl, Wood
  • Living Area: 3289
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Exterior Features: Other
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRIFFING BISCAYNE PK ESTA
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-30-028-0160
  • Zoning: 3800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16303

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,000,000 -7.0% $304 / Sq Ft
01/02/2025 01/02/25 For Sale $1,075,000 +7.5% $327 / Sq Ft
12/31/2024 12/31/24 Off Market $1,000,000 -- --
09/24/2024 09/24/24 Price Changed $1,075,000 -8.5% $327 / Sq Ft
06/03/2024 06/03/24 For Sale $1,175,000 -- $357 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11599898

MIAMI REALTORS® MLS

Florida Miami/Dade County North Miami 33161

340 NE 125th St, North Miami, FL

Homes for Sale in North Miami, FL

This home is located at 340 NE 125th St, North Miami, FL 33161 and is currently priced at $1,000,000, approximately $304 per square foot. This property was built in 1927. 340 NE 125th St is a home located in Miami-Dade County with nearby schools including Gratigny Elementary School, North Miami Middle School, and North Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.