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.
340 NE 125th St, North Miami, FL, 33161
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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