268 Northeast 80th Terrace

Miami, FL 33138

$900,000
Last Sold Price
Beds
2,326 Sq. Ft.
$387 / Sq. Ft.
2,326
Sq. Ft.
$387
per Sq. Ft.

Description

Located in an opportunity zone. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, with frontage on two...Located in an opportunity zone. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 60k/yr in gross income with minimal landlord expenses and an opportunity to increase rents.
  1. Listed by Kristopher Rodriguez • Sigma Real Estate & Investment

Property Details for 268 Northeast 80th Terrace

Subdivision
FRANKLIN PARK
Style
Triplex
Waterfront
No
Area
32
Auction
No
Total Units
3
Num Stories
1
Sq Ft Total
2326

Location

Listing Courtesy of Sigma Real Estate & Investment

Sold By Intertrust Realty Corp.

Add your commute
LISTING UPDATED: 01/06/2022 06:01 PM

Property Details for 268 Northeast 80th Terrace

StatusClosed
MLS #A11051761
Days on Market124
Taxes$7,279 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Sigma Real Estate & Investment

Sold By Intertrust Realty Corp.

Add your commute

Building Information for 268 Northeast 80th Terrace

Stories-Residences3Year Built1925Building Size-Lot Size-

Payment Calculator

$5,518 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$607

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 268 Northeast 80th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 01-32-07-029-0160
  • Parcel Number MLX: 0160
  • MLS Area: 32
  • Municipal Code: 1
  • Township Range: 32
  • Section: 0
  • Subdivision Number: 29
  • Subdivision Complex Bldg: FRANKLIN PARK
  • Zoning Information: 6100
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction, Frame With Stucco
  • Construction Type: Concrete Block Construction, Frame With Stucco
  • Roof Description: Flat Tile Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2020
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Deposit Held, Deposit - Last Months Rent, Investment Analysis, Copy Of Lease(S)

Property History for 268 Northeast 80th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 268 Northeast 80th Terrace

Taxable ValueLand$810,000Additions$96,626Total$906,626
Tax Record2023$12,241 ($1,020 / month)
Home Facts
Total Finished SqFt1,930 SqFtAbove Grade Finished SqFt1,930 SqFtStories1Lot Size8,100 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Year Renovated1974Zoning6100:COMMERCICountyMIAMI-DADEAPN01-3207-029-0160

Schools near 268 Northeast 80th Terrace

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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Listing Courtesy of Sigma Real Estate & Investment

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.