Listing Summary
Apex Capital Realty is pleased to exclusively offer 1217 NE 127th Street for sale, a boutique 8-unit multifamily building ideally located in one of North Miami’s most desirable neighborhoods.
Full Description
Apex Capital Realty is pleased to exclusively offer 1217 NE 127th Street for sale — a boutique 8-unit multifamily building ideally located in one of North Miami’s most desirable neighborhoods. Just blocks from Biscayne Blvd and surrounded by top retailers such as Whole Foods, Publix, CVS, and Walgreens, this property combines convenience with strong investment fundamentals.
Offered at $1,850,000, the building sits on an oversized 10,950 SF lot and features a well-balanced unit mix: seven 1BR/1BA apartments and one 2BR/2BA unit. Tenants benefit from ample parking, while investors enjoy reliable cash flow with gross rental income exceeding $167,000 annually — fully leased with consistent demand.
The property has undergone substantial renovations, including new hurricane-impact windows and doors, fencing, and complete exterior painting. Interior upgrades feature 20x20 porcelain tile flooring, new kitchen and bathroom countertops, wood cabinetry, and updated showers and bathtubs.
With steady rental demand in the area driving growth and pricing resilience, this property represents an exceptional opportunity to acquire a strong-performing middle-income multifamily asset in a thriving neighborhood.
Quick Glance
- Listing ID:
RL-Florida-26208
- Status:
Active
- Year Build:
1958
- Building Size:
5,190 SqFt
- Lot Size:
N/A