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690 NE 123rd St, North Miami FL 33161

Commercial Recently Sold
$6,000,000

BTC: 95.23809524

ETH: 3,436.42611684

Sold on: 2024-07-30
133 days
0 room(s)

Overview

AAA building with 28 units all renovated and rented. see package info attached to the listing, parking, pool, Laundry room, new elevator, great income!

Location

Details

Type:
Commercial Sale
Parking:
Additional Spaces Available
Year Built:
1971
Lot:
2.00 Acres
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,650,000
$381K – $5.6M
Confidence Low
List vs. estimate
$2.5M above estimate
List $6,200,000 · +69.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $774K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$39,557
All facts and features
  • Heating

    • Central Electric

    Cooling

    • Central Individual A/C

  • Parking

    • Additional Spaces Available

    Lot

    • Lot: 2.00 Acres

    Other Property Information

    • Parcel Number: 06-22-30-033-0080

    • Zoning: R-5

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $39,557

  • Source details

    • MLS ID: A11535381

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / Corner Unit / In Residential Area

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc