For Sale
$995,000

730 131St StNorth Miami, FL 33161

Prime North Miami duplex, high redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a charming 2-unit duplex located at 730 NE 131st St, North Miami, FL 33161, within Miami-Dade County. Built in 1950, this single-story building offers significant upside potential for savvy investors. The property boasts a substantial 10,350 square foot lot, providing ample space for future expansion or redevelopment. The liberal zoning regulations allow for intensive redevelopment projects, making this a highly attractive proposition for those seeking to maximize their return on investment. Currently configured as a two-unit apartment building, the property presents a solid foundation for immediate income generation while simultaneously offering the flexibility to explore various redevelopment options. The property's location in North Miami offers convenient access to local amenities, transportation, and major roadways. Please note that a 24-hour notice is required for showings, and current tenants should not be disturbed. This is a rare opportunity to acquire a well-situated property with substantial growth potential in a thriving Florida market. The asking price is $995,000.

Highlights

  • Charming 2-unit duplex in North Miami, FL.
  • Situated on a large 10,350 sq ft lot.
  • Offers significant redevelopment potential due to liberal zoning.
  • Excellent location with convenient access to amenities and transportation.
  • Asking price: $995,000.

Property Details for 730 131St St

Property type
Apartment buildings, Small apartment buildings
Year Built
1950
Stories
1
Units
2

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.8957151
Longitude
-80.183998
730 131St St, North Miami, Florida

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730 131St St
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