790 NE 123rd St North Miami, FL, 33161
$ 1,300,000Bedrooms Baths--
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!
Exterior* Excluded Features
Parking 1-20 Parking Spaces Common Parking
List By Fausto Commercial Realty Consultants Inc
- Monthly Principal & Interest
- Monthly Property Taxes
- 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.
Learn more about how to save
Save time & pre-qualify for a mortgage in minutes.
Commerical listings in North Miami, FL
Average List Price $1,541,742
Percent of Sale Price 19 %
About North Miami, FL
4 % Since 2002
$ 37,473 Median Income
35.91 Median Age
32 % Households with Children
|1/11/2019||$1,300,000|| 8.33 %|| Price Up|
|10/3/2018||$1,200,000|| ||Listed Price|