A prime opportunity in a highly sought-after neighborhood! It’s an income-producing multi-family investment with
a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12
units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure
features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design
District, major expressways, and is conveniently situated near beautiful beaches and airports.
a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12
units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure
features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design
District, major expressways, and is conveniently situated near beautiful beaches and airports.
Property Details
Price:
$1,100,000
MLS #:
A11681107
Status:
Active
Beds:
0
Baths:
0
Address:
47 NE 80th Ter
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Oct 23, 2024
State:
FL
Finished Sq Ft:
1,873
Total Sq Ft:
1,873
ZIP:
33138
Year Built:
1948
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
Construction Materials
C B S Construction
Parking Spots
3
Roof
Other
Financial
Taxes
$9,027
Map
Community
- Address47 NE 80th Ter Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
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47 NE 80th Ter
Miami, FL
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