1920 NE 123rd St, North Miami FL 33181
$1,050,000
Est. Payment $5,589/mo
1971
Year Built
138
Days on Market
Description
Existing Farm Store in the heart of North Miami on 7,700 sqft of C2-BE Commercial Zoning. Farm Stores has a Triple Net lease until 5/2030. Ideal Land-Covered play as tenant pays all property expense. North Miami area enjoys great public transportation, centric to all the major neighborhoods and employment centers, walkability, and a rich cultural environment. Thousands of daily tourists complement the heavy local population density, yielding great foot traffic and customer flow.
Facts
- MLS#
- A11580257
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1971
- Lot Size
- 7,700 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 138 days
- Listed
- May 2, 2024
- Last Updated
- Apr 5, 2025
- Price/Lot Sq.Ft.
- $136/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for North Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
42
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/5/2025 | Sold | $1,050,000 |
| 5/2/2024 | Listed for sale | $1,050,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Montessori AcademyPK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
- Montessori Academy
PK,KG,1,2,3,4,5,7,8 · private · 0.4 mi
- American Master Academy
PK,TK,KG,1,2,3,4,5,6 · private · 0.5 mi
- Chapel Trail Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- Franklin Academy Pembroke Pines
KG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
- ABC Learning Prep
PK,TK,KG · private · 1.1 mi
- Somerset Arts Conservatory
9,10,11,12 · charter · 1.2 mi
- A World of Knowledge Preschool and Learning Center
PK,TK,KG,1 · private · 1.2 mi
- Somerset Academy Middle School
6,7,8 · charter · 1.2 mi
- Cambridge Academy
PK,KG,1,2,3,4,5 · private · 1.2 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$6,614/mo
Principal & Interest
$5,589
Property Tax
$875
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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