1125 Northeast 80th Street

Miami, FL 33138

$2,900,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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)...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.
  1. Listed by Jose Anzola • Keller Williams Elite Properties
  2. Listed by Ambarina Pernia Montero • Real Estate Sales Force

Property Details for 1125 Northeast 80th Street

Area
32
Auction
No

Location

Listing Courtesy of Keller Williams Elite Properties; Real Estate Sales Force
Add your commute
LISTING UPDATED: 04/16/2024 04:12 PM

Property Details for 1125 Northeast 80th Street

StatusActive
MLS #A11561004
Days on Market26
Taxes$24,371 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1956
Lot Size0.29 AC / 12,516 SF
CountyMiami-Dade County

Location

Listing Courtesy of Keller Williams Elite Properties; Real Estate Sales Force
Add your commute

Building Information for 1125 Northeast 80th Street

Stories-Residences-Year Built1956Building Size-Lot Size0.29 AC / 12,516 SF

Payment Calculator

$17,857 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$2,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1125 Northeast 80th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-32-08-011-0170
  • Parcel Number MLX: 0170
  • MLS Area: 32
  • Township Range: 32
  • Subdivision Number: 11
  • Unit Count: 0
  • Zoning Information: 4600
General Information
General Information
  • Prop Type-Type of Building: Commercial/Residential Income
  • Building Sq Ft: 4,600
  • Approximate Lot Size: 12516
  • Property Sq Ft: 12516
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Assumable: No
  • Total Mortgage: $1,428,000
  • Flood Zone: AE
  • Tax Year: 2023

Property History for 1125 Northeast 80th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1125 Northeast 80th Street

Taxable ValueLand$1,063,860Additions$121,686Total$1,185,546
Tax Record2023$24,371 ($2,031 / month)
Home Facts
Total Finished SqFt4,600 SqFtAbove Grade Finished SqFt4,600 SqFtStories1Lot Size12,516 SqFtStyleMulti-Family Dwelling (2-4)Year Built1956Zoning4600:MULTI-FACountyMIAMI-DADEAPN01-3208-011-0170

Schools near 1125 Northeast 80th Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jesse J. Mccrary, Jr. Elementary School
PublicPK to 5

Horace Mann Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1125 Northeast 80th Street is a multi-family home for sale in Miami, FL 33138. This property was listed for sale on April 8, 2024 by Keller Williams Elite Properties, it's currently listed at $2,900,000. It has been on the market for a total of 26 days and was last sold on June 16, 2022. This listing's school district is Miami-Dade. Nearby schools include Jesse J. Mccrary, Jr. Elementary School, Air Base K-8 Center for International Education and Horace Mann Middle School. 1125 Northeast 80th Street is a 0-bed, 0-bath, multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite Properties; Real Estate Sales Force

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.