12335 Griffing Boulevard
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2026 | Listed | $2,290,000 | |
| Listed | |||
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NEW CONSTRUCTION & MODERN LUXURY RESIDENCE.
Exquisite brand-new construction sitting on 0.4 acres lot, offering refined modern architecture and an elegant open-concept design. The main residence features 3 bedrooms and 3 bathrooms, complemented by a fully independent guest house with 1 bedroom, 1 bathroom, and a living area — ideal for hosting family and guests with complete privacy. The home showcases a sleek Italian kitchen, high-end appliances, impact windows, and premium finishes throughout, blending sophistication with everyday functionality. Natural light flows seamlessly across the interiors, enhancing the contemporary design.
The outdoor space serves as a private retreat with a beautifully designed swimming pool and an inviting setting perfect for relaxation and entertaining. Just steps from Biscayne Park, this residence offers a highly desirable setting near one of the area’s most established and charming neighborhoods. A rare opportunity to own a luxury new construction where architectural detail, comfort, and elevated lifestyle come together flawlessly.
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| Mar 24, 2025 | No longer available | - | |
| No longer available | |||
| Feb 28, 2025 | Listed | $790,000 | |
| Listed | |||
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This is a residential development site that offers a significant opportunity for expansion on current structure, seated on a large 0.4-acre lot (approximately 17,550 square feet). The existing structure is a two-story building that includes a 2-bedroom, 2-bathroom unit on the ground floor and a separate 1-bedroom, 1-bathroom suite on the upper floor. Additionally, the lot is adorned with mature mango and avocado trees, enhancing its appeal.The expansive lot provides space for various possibilities and we have the plans in approval process (it will be delivered with plans APPROVED)with the city to start construction for your dreamed house with over 3,300 of living SF in the vibrant Griffing Blvd in North Miami.
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| Feb 23, 2025 | No longer available | - | |
| No longer available | |||
| Jan 3, 2025 | Relisted | $790,000 | |
| Relisted | |||
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About North Miami
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LZ Realty & Management LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# F10434925
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017