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Susan Larkin

susan.larkin@engelvoelkers.com +1(781) 801-5885

$ 950,000

Est. payment -/mo

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Active

845 NE 121st ST North Miami, FL 33161

1,942 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $489

Subdivision Biscayne Terrace

MLS Listing ID A11978086

HOA Y/N No

Total Fin. Sqft 1942

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

Area 2220

Zoning 3700

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Laminate, Wood

Fireplace No

Exterior

Utilities Available Cable Available, Sewer Available

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Dwelling Type Duplex

Story 1

Sewer Public Sewer

Structure Type Block

Schools

Elementary Schools W.J. Bryan

Middle Schools North Miami

High Schools North Miami

Others

Tax ID 0622300180280

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Wendy Lavana Torque Property Management

NEARBY SCHOOLS & PROPERTIES

Susan Larkin

Advisor | License ID: SL3570527

+1(781) 801-5885

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