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1125 NE 80th St

Miami, FL 33138
  • $2,750,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: A11560973
UPDATED: 171 min ago
$2,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,600
    SQFT
  • $598
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

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.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-16T17:51:10.84.
www.pattyaccorto.com/homes/149491157
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1125 NE 80th St Miami, FL 33138

  • Price: $2,750,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 171 min ago
  • MLS #: A11560973
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,600
SQFT
$598
$/SQFT
1956
Built
Neighborhood:
Causeway Bayfronts
County:
Miami-Dade
Area:
Causeway Bayfronts
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.
Exterior Features

Architectural Style Detached Lot Features Less Than 1/4 Acre Lot Parking Total 7 Pool Private YN No Roof Barrel Roof View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 4600 Building Area Total 4600 Cooling Wall/Window Unit(s) Flooring Ceramic Floor Heating Window/Wall Heating YN Yes Stories 1

Property Features

Association YN No Building Name CAUSEWAY BAYFRONTS Cooling YN Yes Documents Available Investment AnalysisCopy Of Lease(S)Rent Rolls Horse YN No Listing Terms All Cash New Construction YN No Property Condition Substantially Remodeled Property Sub Type Quadruplex Public Survey Section 1 Rent Includes SewerTrash CollectionWater Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 24371 Tax Year 2023 Type Of Association None Year Built Details Resale Zoning 4600

Listing courtesy of Keller Williams Elite Properties: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-16T17:51:10.84.
 
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