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This town was established in 1926 and has a census of 61,007 as of 2013.From the Miami-Dade.gov-The City of Miami is the largest municipality, followed by Hialeah, Miami Gardens, Miami Beach, North Miami and Coral Gables. This city is a trouble for our investor-it requires CO-certificate of reoccupancy on each and every deal you buy there. And even though you might think you got this free and clear puppy, buyer beware-the city might ask you about that third room that used to be a patio to be repermitted after an inspection cause the old owners never did...Nevertheless, we get crazy deals in this part of town all day long that sell as hot cakes!
There are only 129 listings offered for the single family houses on the MLX at this time all the way from a $10,000,000 estate on the San Souci with 240 feet of bayfront and 12,462 sq ft of living space and 8 bdr and 12 bth we call that gorgeous to the $103,500 2/1 with 720 sq ft house in Sunkist Grove deal! There are 194 condos available for sale in North Miami from the cheapest $46,500 693 sq ft condo with some restrictions for rent to two story san Souci waterfront 3008 sq ft living space townhome with a 40 ft dock 5/6 and a price tag of $875,000.
One of great distinctions of North Miami is MOCA-Museum of Contemporary Art with performances of Jazz at MOCA at 770 NE 125th street! Something is super fantastic and not really talked about is brewing in this town. Something that will put it on the map with fireworks withing the next five years and that something is called SoleMia!183 acres of land are being developed just east of Biscayne blvd what used to be waste land and was called Biscayne landing project that started two condo buildings and went into foreclosure got picked up Soffer from Turnberry Associates ( basically builders of Aventura) and Lefrak-prominent NYC investor.And they are virtually creating a city within a city with 12 buildings, 4390 residences,673,900 sq ft of entertainment/retail space,220,000 sq ft of office space " intertwined with 37 acres of parks and recreation space and two swimmable 10-acre crystal lagoons". Hotels, shopping, high-end cinema, gourmet dining and Warren Henry group dealership to add to this list. All pedestrian-friendly- new neighborhood.It wont be a surprise if SoleMia decides to incorporate as a little Sunny Isles Beach shortly after construction completes....
