753 NE 121st St

Single Family Home

Active Under Contract

753 NE 121st St

$825,000

753 NE 121st St, North Miami, FL, 33161

AI Visual Development
1 / 13
1 / 13
LIST PRICE$825,000
BEDROOMS4
BATHROOMS1.5
HOUSE sq ft2,410
LOT sq ft16,425

Take a closer look

HOA: request current costs · Last reported tax: $13,050/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$5,887/mo

Principal & interest$4,387
Property taxfrom listing$1,088
Homeowners insuranceestimate$413

$165,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

PRIME DEVELOPMENT OPPORTUNITY in Griffing Biscayne Park Estates. The value is in the land, designated 3700 Multifamily – 10 to 21 units. This oversized 16,425 SF lot offers a compelling opportunity for an investor or developer in an area experiencing significant redevelopment. Existing home is considered a teardown and is being marketed for its land and development potential. Strategically positioned in North Miami at the edge of Biscayne Park, minutes from Miami Shores and El Portal, this site benefits from the continued investment transforming this desirable Northeast Miami-Dade corridor. An excellent opportunity to secure a sizable development site in a rapidly evolving neighborhood. **Nearby redevelopment includes 550 NE 127th St (MLS A11963878), marketed as a 16-unit development opportunity, and 12116 NE 5th Ave (MLS A11981959), a shovel-ready multifamily project.** **Buyer to perform their own due diligence

Property Details

$825,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1925
Status
Active Under Contract
MLS #
A12066941
Living Area
2,410 sq ft
$/Sq Ft (Living)
$342
Lot Size
16,425 sq ft
$/Sq Ft (Lot)
$50
Annual Taxes
$13,050
Days on Market
48

Notable Features

Large Lot

Location Scores

Location

753 NE 121st St, North Miami, FL, 33161