365 NE 125th St # 401, North Miami, FL 33161

About 365 NE 125th St # 401, North Miami, FL 33161

INVESTORS ONLY! this is a really good opportunity to pick up a property with excellent cash flow. It's rented on a year lease for $1750 a month to a great tenant and the monthly hoa is under $250 a month. There are no current assessments. The roof was replaced this year and the elevators were done recently as well. The unit is in great condition and features 1 bedroom and 1.5 bathrooms with a balcony and is quite spacious. The community is located very conveniently on 125th street close to shopping and I-95 and has a pool. The unit comes with 1 parking spot and there is plenty of guest parking available. Association approval is fast and easy. The unit next door just closed for $160k with 30% down financing (that would be the minimum required for a non cash purchase) and appraised over that. there is no washer dryer in unit, but there is a laundry in the building.

How This Listing Compares in North Miami

Per square foot, it is asking 31% below the North Miami median for sales closed over the last twelve months — worth a closer look at condition, floor and association costs.

Medians from closed MLS sales in North Miami; a starting point, not an appraisal.

Home Features at 365 NE 125th St # 401, North Miami, FL 33161

Bathrooms Full

1

Bathrooms Half

1

Interior Features

Elevator

Appliances

Dishwasher, Electric Range

Flooring

Tile

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

1

Parking Features

1 Space, Guest

Pool Private

No

Year Built Details

Effective Year Built

The Building at 365 NE 125th St # 401, North Miami, FL 33161

Building Name

Malky Condominium

Building Area Total

710

Building Area Units

Square Feet

Stories Total

4

Entry Level

4

Association

Yes

Association Fee

$242

Association Fee Frequency

Monthly

Association Amenities

Pool

Security Features

Other

Lot, Views & Construction at 365 NE 125th St # 401, North Miami, FL 33161

Lot Size Square Feet

0

Waterfront

No

View

Other View

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

No

Taxes & Public Record for 365 NE 125th St # 401, North Miami, FL 33161

Parcel Number

06-22-30-057-0330

Tax Annual Amount

$2,790

Tax Year

2,025

Tax Legal Description

MALKY CONDO UNIT 401-4TH FLOOR UNDIV .020678% INT IN COMMON ELEMENTS CLERKS FILE 72R137367 & OR 19754-2077 0301 4

County Or Parish

Miami-Dade County

Assigned Schools for 365 NE 125th St # 401, North Miami, FL 33161

Elementary School

Gratigny

Middle School

North Miami

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood