5 months on rocket

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

$1,075,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,289 SqFt
$327/SqFt
Multi

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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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

Virtual/3D Tour

  • Virtual Tour: 340 NE 125th St
Virtual Tour

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • North Miami Senior High School, Public Magnet Grades 9-12
  • North Miami Middle School, Public Magnet Grades 6-8
  • Gratigny Elementary School, Public District Grades PK-5

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.

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North Miami, FL

City

Med. Sold Price

$425K

Med. Price/SqFt

$326

Avg. Days On Market

84

# of Sold Homes

29

340 NE 125th St vs North Miami

154 DAYS ON ROCKET

+70 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

IDX © 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: 11/5/2024, 3:20:50 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

YEARPROP. TAXASSESSMENT
2020$5,513$295,768
2018$4,476$177,887
2017$4,083$218,382

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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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.

Elementary School

school-card-donut-2117297
3
/10

  • Gratigny Elementary School

  • 11905 N Miami Ave

  • 0.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2117298
4
/10

  • North Miami Middle School

  • 700 NE 137th St

  • 0.92 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2117299
4
/10

  • North Miami Senior High School

  • 13110 NE 8th Ave

  • 0.68 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,175. Residents of North Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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 more than 1 listings in North Miami, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 27 were sold below. In October 2024 in North Miami, FL there were 4.4% more homes for sale than in September 2024. Listings spent 84 days on the market in October 2024, and had a median list price of $425,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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