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1217 NE 127th Street, North Miami, FL 33161 (MLS# A10959196)

1217 NE 127th Street, North Miami, FL 33161

$1,175,000
Property Type: Commercial Sale Square Footage: 10,950 Status: Closed
Current Price: $1,175,000 List Date: 11/13/2020 Last Modified: 6/11/2026

Overview

Description

Great investment/income producing/ • Easy Management • 9 apartment Units (1 bed/1 bath) • Below market rents • 1-story walk up building • 10 minute walk to restaurants and retail row. • Close to services and amenities such as banks, schools, pharmacies, restaurants, gas stations, etc. • Easy access to Aventura, Bal Harbor, Surfside, Miami Beach, South Beach, Sunny Isles etc. • Great Cap Rate!

Listing Details MLS# A10959196

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Price Per Unit
144444
Occupant Type
Tenant
Building Area Main
10950
Year Built
1958
Year Built Details
YearBuiltDescription Resale
Parking Total
10
Lot Size Area
10950
Lot Size Acres
0.25
Stories Total
Yes

Property Features

Ceiling: Other Documents Available: Copy Of Lease(s); Deed; Inventory; Other Available Information; Personal Property Inventory; Rent Rolls Electric: Separate Meters Flooring: Ceramic Tile Heating: Electric; Other Location of Property: Central Business District; City Location; Shopping Center; Other Parking Features: Assigned; Common; Guest Possession: Negotiable Property Condition: Resale Sale Includes: Inventory; Leases; Other Tenant Pays: Electricity; Interior Electric; Other Construction Materials: Block; CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Shingle; Other Security Features: Security Fence; Other Sewer: Public Sewer Special Information: Presently Leased Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
1300000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1217
Street Direction Prefix
NE
Street Name
127th
Street Suffix
Street
City Name
North Miami
State Or Province
FL
Postal Code
33161
Postal Code +4
5144
Area
2220
Parcel Number
0622290370050
Subdivision Number
37
Zoning
3700
Flood Zone
AE

Financial Information

Tax Annual Amount
9938
Tax Year
2019
Tax Legal Description
HAMPSHIRE HEATH PB 11-46 W1/2 LOT 8 & ALL LOT 9 LOT SIZE 10950 SQUARE FEET OR 20703-4422 09 2002 1 COC 24235-4184 02 2006 1

Status Change Information

Major Change Timestamp
2021-06-08T10:25:48Z
Major Change Type
Status Change
Status Change Date
2021-06-18
Under Contract Date
2021-04-01
Close Date
2021-06-08
Close Price
1175000
Buyer Financing
Conventional

More Information

Meter Information

Number Of Meters Total
8

Buyer Details

Intended Use
Investment
Buyer State
Florida
Zip Code
33161

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
0050

Originating Details

Originating System Key
352661530
Originating System ID
M00000151

Currently Not Used

Ownership Type
Other Ownership

Office/Member Information

DXORIGMLSID
SEF

Electric

Separate Meters
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Assigned
Yes
Common
Yes
Guest
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deed
Yes
Inventory
Yes
Other Available Information
Yes
Personal Property Inventory
Yes
Rent Rolls
Yes

Tenant Pays

Electricity
Yes
Interior Electric
Yes
Other
Yes

Location of Property

Central Business District
Yes
City Location
Yes
Shopping Center
Yes
Other
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

Presently Leased
Yes

Ceiling

Other
Yes

Heating

Electric
Yes
Other
Yes

Sale Includes

Inventory
Yes
Leases
Yes
Other
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

City Street
Yes

Roof

Shingle
Yes
Other
Yes

Security Features

Security Fence
Yes
Other
Yes

Water Source

Public
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Showing Service
Yes

Contingencies

3rd Party Approval
Yes
Listing Office: Keller Williams Eagle Realty
IDX
Last Updated: June - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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