FOR SALE

1125 80th St

Miami-Dade County, CAUSEWAY BAYFRONTS, Miami, FL

Asking

$2,900,000

BTC

45.121

ETH

919.75

Home Size
4,600 sq. ft.
Year Built
1956
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.

LOADING

Location

Market Area
Miami-Dade County
Neighborhood
CAUSEWAY BAYFRONTS

Agents

Jose Anzola

+1 310 910 1722

Ambarina Pernia Montero

+1 310 910 1722

Contact Email

[email protected]