340 NE 125th St, North Miami, FL, 33161

Location

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340 NE 125th St, North Miami$1,075,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

Year Built1927

HeatingCentral, Wall Furnace

CoolingCentral Air, Wall/Window Unit(s)

MLS #A11599898

StatusActive

About 340 NE 125th St

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.

Property Details

Property Features

Property Information:

Architectural Style: Fourplex
Year Built: 1927
Stories: 2
Living Area: 3,289 SqFt

Listing Office:

Office Name: B & B Realty of Miami, LLC
Office Phone: (305) 439-8207
Listing Agent: Reyna Behar

Interior Features

Interior Information:

Flooring Type: Vinyl, Wood

Exterior Features

Exterior Information:

Exterior: Fence, Other

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Utilities

Utilities Information:

Heating: Central, Wall Furnace
Cooling: Central Air, Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

List Price: $1,075,000
Price Per SqFt: $327/SqFt

Tax Information:

Annual Amount: $5,513
Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in North Miami, FL.

North Miami, FL

City

Med. Sold Price

$425K

Med. Price/SqFt

$326

Avg. Days On Market

# of Sold Homes

340 NE 125th St vs North Miami

172 DAYS ON ROCKET

+88 Days

$1,075,000

+$650K More

$327/SqFt

+$1 More

KEY TAKEAWAY

This property is $650K more than the Median Sold Price and $1/SqFt more than other homes in North Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: SEFMIAMI
MLS Number: #A11599898

Listing Office:

Office Name: B & B Realty of Miami, LLC
Office Phone: (305) 439-8207
Listing Agent: Reyna Behar

© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,513	$295,768
2018	$4,476	$177,887
2017	$4,083	$218,382

History based on county public records data.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Gratigny Elementary School
11905 N Miami Ave
Distance between this listing and this school0.49 miles
Public District Grades PK-5

/10

Arch Creek Elementary School
702 NE 137th St
Distance between this listing and this school0.90 miles
Public District Grades PK-5

/10

Hubert O. Sibley K-8 Academy
255 NW 115th St
Distance between this listing and this school0.94 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

56%

<35k

34%

35k-100k

10%

100k-200k

200k+

What level of education do the neighbors have?

High School: 68%
Post Secondary: 30%
No High School: 1%
Masters: 1%

What types of families live nearby?

50%

Single, No Kids

25%

Single, with Kids

Married, No Kids

16%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 78%
Home Owners: 22%

How old are people in this area?

17%

<11 yrs old

12-17 yrs old

23%

18-34 yrs old

42%

35-64 yrs old

11%

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)

Where do the neighbors shop?

H&M
Burlington
Foot Locker

Where do the neighbors go to eat?

Boston Market
White Castle
Little Caesars

What do the neighbors drive?

Honda
Kia
Dodge

What do the neighbors listen to?

Rhythmic Contemporary Hits
Urban Adult Contemporary

The neighbors living near this home have an average income of $29,175. Most North Miami, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›North Miami›33161›340 NE 125th St

This home is located at 340 NE 125th St in North Miami, FL and zip code 33161 in the Golden Glades neighborhood. This 3,289 square foot home was built in 1927. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $1,075,000.

In October 2024, from all listings sold in North Miami, FL there were more than 1 sold above asking price, over 27 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in North Miami, FL between September 2024 and October 2024 increased by 4.4%. Listings spent 84 days on the market in October 2024, and had a median list price of $425,000 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Utilities

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Tax History

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

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