Commercial Sale · Mixed Use
1747 NE 124th St, North Miami FL 33181, NORTH MIAMI, FL, 33181
Active102 days on marketListed May 5, 2026MLS #A12013634
About this property
The property at a glance
1747 NE 124th Street presents a compelling opportunity to acquire a 3,406 SF office building situated on an oversized 13,680 SF lot, just one parcel off US-1/Biscayne Boulevard in North Miami. The property is zoned C-2BW, allowing for a wide range of uses including retail, office, restaurant, medical, and multifamily. The asset is well-suited for an owner-user seeking a strategically located professional space with strong visibility and accessibility along a major commercial corridor. For developers, the site offers meaningful redevelopment potential, with zoning permitting up to 200 feet in height and approximately 150 units per acre. The existing improvements and 18 on-site parking spaces provide immediate functionality while preserving future redevelopment opportunity.
3,406
Building sq ft
$609
Price / sq ft
13,680
Lot sq ft
1956
Year built
6201
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$11,393/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
36,149
Population
$56,006
Median income
37
Median age
3
Avg household
$331,786
Median home value
$1,568/mo
Median rent
4,191
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 1747 NE 124th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,000,000
170 NE 79th St, Miami FL 33138
Sold Jul 7, 2026
$1,500,000
937 NE 79th St, Miami FL 33138
Sold Sep 5, 2024
$279,900
8101 Biscayne Blvd # 613, Miami FL 33138
Sold Nov 20, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1747 NE 124th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1747 NE 124th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Gridline Properties · Alfredo Riascos. MLS #A12013634.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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