Real Estate For Sale


790 NE 123RD ST, North Miami, 33161 Florida

Real Estate For Sale
$1,300,000
Beds Baths
790 NE 123RD ST
North Miami , FL 33161

COMMERCIAL - ACTIVE

MLS #: A10548351


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STATUS: ACTIVE, , YEAR BUILT: 1950, MLS #: A10548351, TAX YEAR: 2017
North Miami 10 Unit Multifamily building. 1950s construction, solid concrete block style building in this dynamic neighborhood that is seeing tremendous growth in value. Currently operating with rents below market. Centrally located between Barry University, Johnson & Wales University, and FIU Biscayne Bay Campus - the student housing market is under served in this area, & the campuses are great employers. This is blocks from the new Sushi Lucy restaurant, along with new craft breweries and a vodka distillery. North Miami has seen its household income grow from $35,988 in February 2016 to $40,882 in June 2018. North Miamis unemployment rate has ticked down 1.8% points since February 2016 to 4.7% today. This area will boom with the proposed Chinatown Cultural Arts & Innovation District!

AMENITIES: LOT SIZE IS 1/4 ACRE OR LESS,




 

 

 

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