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1125 NE 80th St, Miami FL 33138

Multi-family For Sale
$2,900,000

BTC: 47.59380493

ETH: 987.05931205

33 days
0 room(s)
4,600 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fully updated and well-maintained 8-unit property on large 12,516 SF lot located in east Shorecrest - Unit breakdown: 2 2/1 units, 4 1/1 units, 2 studios; east of Biscayne Blvd, half a block to Bay & NE 79 St. Solid income/ solid return - $220,800 GOI, $173,260 NOI, 6% cap rate. Upside in rents, T-5-R zoning allows building up to 5 stories - invest now for a solid return, land bank for future development. Safe, convenient location & tenant-friendly property (9 parking spaces, outdoor spaces for tenants) property is 100% occupied. Building completed it's 40 Years Recertification in 2016. All door and windows impact.

Location

Florida • Miami • 33138 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$630
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-32-08-011-0170

    • Zoning: 4600

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $24,371

  • Source details

    • MLS ID: A11560973

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 4600

    • Subdivision Name: CAUSEWAY BAYFRONTS

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Elite Properties