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. SELLER OFFERING BUYER/BUYER’S AGENT INCENTIVES.
Property Details
Price:
$2,750,000
MLS #:
A11561004
Status:
Active
Beds:
0
Baths:
0
Address:
1125 NE 80th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Apr 8, 2024
State:
FL
Finished Sq Ft:
4,600
Total Sq Ft:
4,600
ZIP:
33138
Year Built:
1956
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$24,371
Map
Community
- Address1125 NE 80th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
Similar Listings Nearby
- 2005 NW 10th Ave
Miami, FL$3,500,000
4.37 miles away
- 6611 NW 27th Ave
Miami, FL$3,500,000
4.29 miles away
- 8241 NE 2nd Ave
Miami, FL$3,500,000
1.18 miles away
- 6255 NE Pl and 3 more Miami
Miami, FL$3,500,000
1.71 miles away
- 1690 NE 134th St
North Miami, FL$3,499,000
3.49 miles away
Miami, FL$3,490,000
2.73 miles away
1125 NE 80th St
Miami, FL
LIGHTBOX-IMAGES
Recent Comments