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340 NE 125th St, North Miami FL 33161

Multi-family For Sale
$1,550,000

BTC: 24.21875000

ETH: 887.74341352

33 days
0 room(s)
3,289 sqft

Overview

Nestled just off 125th Street near North Miami’s downtown, this multifamily-zoned property (allowing 2 to 9 units) sits on a generous 11,250-square-foot lot. The fully remodeled main house features three bedrooms, two baths, impact windows, abundant light, and modern updates, including PVC plumbing and a gas-line kitchen. A carport and ample parking add convenience. Beyond the main home, three efficiencies and a storage unit offer immediate income potential, making it perfect for living while earning. Plus, the property has completed its 40-year recertification—a significant milestone. Whether you keep it as is or redevelop for more units, this property offers rare flexibility and value.

Location

Florida • North Miami • 33161 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1927
Lot:
No Data
Heating:
Central / Electric / Window/Wall
Price/sqft:
$471
Cooling:
Electric / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,550,000
$787K – $1.6M
Confidence Low
List vs. estimate
At estimate
List $1,550,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$471
+22.6% vs. city median $384
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $583K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,412
2025
Parking
10 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    • Window/Wall

    Cooling

    • Electric

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 06-22-30-028-0160

    • Zoning: 3800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $16,412

  • Source details

    • MLS ID: A12010729

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Impact Glass

    • Architectural Style: Detached

    • Living Area: 3289

    • Water Source: Municipal Water

    • Subdivision Name: GRIFFING BISCAYNE PK ESTA

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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Market around this address

Live counts in the same area.
View all
This zip
33161
272
median $665K
Active
Same city
North Miami
856
median $405K
Active
Same type
Multi-family
17
median $719K
Active
Similar price
$1.1M – $2.0M
79
median $1.4M
Active

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: Montgomery & Koebel, Inc.