$1,200,000
1920 NE 123rd Street
North Miami, FL
Explore the area: North Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,200,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 7
This commercial property is listed at $1,200,000. It has been on the market for 7 days.
Estimated monthly payment
$6,307 /mo
Principal and interest only, based on $240,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,200,000
- Days on Site
- 7 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 822 sqft
- Lot Size
- 0.18 Acres
- Year Built
- 1971
- Property Type
- Commercial
- MLS #
- B26091214
- Property Tax
- $8,117 (2025)
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Standard
About This Property
1920 NE 123rd St is a freestanding drive-thru building on its own lot, on the south side of the street just east of Biscayne Boulevard in North Miami. Cars pass through the building under a winged canopy, and the lot has its own curb cuts and stacking lane. Building is set up for food prep - has a grease trap, floor drain, three-compartment sink, and hand sink. It sits on the main approach to the Broad Causeway, with canal-front townhomes and boat docks directly across the street. The property is delivered vacant at closing. Drive-thru the pass-through canopy, stacking lane and curb cuts are in place for coffee, ice cream, quick-service food or an owner-user. Set up for food prep: has a grease trap, floor drain, three-compartment sink, hand sink. Zoning: C-2BE. The North Miami code permits restaurants, coffee, convenience and general retail, with a drive-thru allowed as an accessory use under Sec. 5-104. Redevelopment area: inside the North Miami Community Redevelopment Agency district.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1971
- Number of Stories
- 1
- Lot Size (Acres)
- 0.18
- Total Sq Ft
- 822
- Structure Type
- Retail
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3700
Interior Features
- Cooling
- Central Air
- Heating
- Other
Exterior Features
- Construction
- See Remarks
- Roof
- Flat
- Lot Features
- Less Than Quarter Acre
Community & HOA
- Security
- Other
- Utilities
- Electricity Connected / Water Connected
- Financing Terms
- Cash / Conventional
- MLS Area
- 2220
About the Area
Browse North Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. North Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest North Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 466
- Median List Price
- $374,700
- Median $/Sq Ft
- $281
- Avg Days on Market
- 148
Frequently Asked Questions
- How do I schedule a tour of 1920 NE 123rd Street, North Miami, FL?
- Use the Tour button on this listing to request a showing of 1920 NE 123rd Street, North Miami, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1920 NE 123rd Street, North Miami, FL still available?
- 1920 NE 123rd Street, North Miami, FL is currently listed as Active, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1920 NE 123rd Street, North Miami, FL?
- With 20% down ($240,000) on the $1,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1920 NE 123rd Street, North Miami, FL is about $6,307/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1920 NE 123rd Street, North Miami, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1920 NE 123rd Street, North Miami, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1920 NE 123rd Street, North Miami, FL?
- Often, yes. The right offer on 1920 NE 123rd Street, North Miami, FL depends on how it's priced against comparable commercial sales in North Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Native Realty Co.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$1,200,000
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Listed by Jeremiah Adler, Native Realty Co.
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