1125 NE 80th St, Miami, FL, 33138
1956
Fourplex
4,600 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
4600
Subdivision:
CAUSEWAY BAYFRONTS
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Parking:
7-car
Est. Taxes:
$24,371
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
25
Pool:
None
MLS #:
A11560973
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Keller Williams Elite Properties Phone: 305-931-2224