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1125 NE 80th St, Miami FL 33138

Commercial For Sale
$2,900,000

BTC: 44.37449935

ETH: 954.42143960

37 days
0 room(s)
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

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
12516 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 12516 Square Feet

    Other Property Information

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

    • Zoning: 4600

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $24,371

  • Source details

    • MLS ID: A11561004

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