790 NE 123rd St North Miami, FL $ 1,300,000
790 NE 123rd St
$ 1,300,000

790 NE 123rd St North Miami, FL, 33161

$ 1,300,000
Bedrooms Baths--

Monthly Estimate*

$ 5,040

How much can I afford?
790 NE 123rd St, North Miami, FL 33161 - Image 1
790 NE 123rd St, North Miami, FL 33161 - Image 2
790 NE 123rd St, North Miami, FL 33161 - Image 3
790 NE 123rd St, North Miami, FL 33161 - Image 4
790 NE 123rd St, North Miami, FL 33161 - Image 5
790 NE 123rd St, North Miami, FL 33161 - Image 6
790 NE 123rd St, North Miami, FL 33161 - Image 7
790 NE 123rd St, North Miami, FL 33161 - Image 8
790 NE 123rd St, North Miami, FL 33161 - Image 9
790 NE 123rd St, North Miami, FL 33161 - Image 10
790 NE 123rd St, North Miami, FL 33161 - Image 11

Commercial Property for sale in North Miami, FL

for $1,300,000. This building was built in 1950 on a lot size of 11566.

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 Miami's 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!

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 9,481

Style

Apartment

Lot Size

11566

Year Built

1950

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A10548351

Features
Exterior
Parking 1-20 Parking Spaces Common Parking
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* Excluded Features
List By

Listing Agent

Fausto Commercial Realty Consultants Inc

Broker


Affordability

$ 5,830 per month
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Monthly Principal & Interest
$5,040
Monthly Property Taxes
$790
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
Pricing History
DatePricePrice ChangeDescription
1/11/2019$1,300,000 8.33 % Price Up
10/3/2018$1,200,000 Listed Price

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790 NE 123rd St , North Miami, FL, 33161 is a Commercial Property for sale at $1,300,000 with a lot size of 11566. 790 NE 123rd St was built in 1950. The property's zip code is 33161 which is in North Miami, FL