Property Description

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.

Features
: Wallfurnace
: Wallwindowunits
: 7
: Fourplex
: Barrel
: Publicsewer
Address Map
FL
Miami-Dade County
Miami
33138
1125 NE 80th St
W81° 49' 34.4''
N25° 50' 57.1''
MLS Addon
4,600 Sqft
: Block
8
8
: Ceramictile
1
1
Cash,Other
: Item14acre
01-32-08-011-0170
CAUSEWAY BAYFRONTS
$24,371
2023
: Cableavailable

Residentialincome For Sale

1125 NE 80th St, Miami, Florida 33138

4,600 Sqft
$2,900,000
MLS # #A11560973
Basic Details
Property Type : Residentialincome
Listing Type : For Sale
Price : $2,900,000
Square Footage : 4,600 Sqft
Year Built : 1956
MLS # : A11560973
Property Sub Type : Quadruplex
Agent info
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