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12195 NE 11th Pl

North Miami, FL 33161

MLS#: A12119821

$1,050,000

Status: Active
Listing number: A12119821
Listing provided by: Julies Realty, LLC
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

3,502

Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete

  • Parking

    Assigned

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.155

  • Lot Size(square feet)

    6,750

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,050,000

  • Tax Amount

    $19,827

  • Financing Options

    Cash, Conventional

  • Zoning

    3700

  • Sq. Footage

    3,502

  • Price/SqFt

    $299

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Self Proprietor/Individual

  • Sewer

    Other

  • Water Source

    Public

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Hubert Jean, Julies Realty, LLC

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Agent Jarrod Gaylis

Managing Broker & Founder

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.

12195 NE 11th Pl

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