For Sale
$989,000

540 142Nd St North Miami, FL 33161

North Miami Triplex, Pool, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1953-built, one-story triplex in North Miami, Florida (33161), presents a remarkable investment opportunity. Located at 540 NE 142nd St, in a prime multi-family zoned area (3800/MULTI-FAMILY - 22-37 U/A), this property offers significant flexibility. Currently configured as three separate rental units – a main house, a one-bedroom, one-bathroom unit with a private entrance, and a detached pool house – it boasts multiple income streams. Two of the units are currently vacant, ready for immediate rental. The property features a private pool and benefits from one electric and one water meter. There is no HOA. The asking price is $989,000. This property is ideal for investors seeking a multi-family income property, or for those looking for a unique live-in opportunity with potential for rental income. The versatility of this property allows for various uses, including a single-family home with in-law quarters or guest house, or a fully rented multi-family investment. Its location in East North Miami Beach offers excellent potential for strong rental returns and future appreciation. This is a rare opportunity to acquire a well-located, versatile property with immediate income potential.

Highlights

  • Exceptional 1953-built, one-story triplex in North Miami, FL (33161), asking $989,000.
  • Located in a prime multi-family zoned area (3800/MULTI-FAMILY - 22-37 U/A) at 540 NE 142nd St.
  • Features three rental units: main house, one-bedroom/one-bathroom unit, and detached pool house; two units currently vacant.
  • Offers a private pool, separate electric and water meters, and no HOA.
  • Ideal multi-family investment or live-in opportunity with strong rental potential and future appreciation.

Property Details for 540 142Nd St

Property type
Apartment buildings, Small apartment buildings
Year Built
1953
Stories
1

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.9055219
Longitude
-80.1880478

FAQs

What type of property is this?
Apartment building - North Miami Triplex, Pool, High Potential
Where is the apartment building located?
The property is located at 540 142Nd St North Miami, FL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Exceptional 1953-built, one-story triplex in North Miami, FL (33161), asking $989,000.; Located in a prime multi-family zoned area (3800/MULTI-FAMILY - 22-37 U/A) at 540 NE 142nd St.; Features three rental units: main house, one-bedroom/one-bathroom unit, and detached pool house; two units currently vacant.
How can I contact the broker?
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540 142Nd St
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