Basic Information

  • MLS # A11681107
  • Type Commercial
  • Style Multi Family
  • Status Active
  • Subdivision/Complex
  • Year Built 1948
  • Total Sqft 8,300
  • Date Listed 10/23/2024
  • Days on Market 84
Description

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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description
  • Roof Description Other

Interior Features

  • Adjusted Sqft 8,300
  • Sqft 8,300

Property Features

  • Address 47 N E80th Ter
  • Aprox. Lot Size 8,300
  • City Miami
  • Construction Materials Block
  • County Miami-Dade
  • Furnished Info No
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Postal City Miami
  • Public Survey Township 1
  • Roof Other
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $9,027
  • Tax Information LITTLE RIVER GARDENS PL BLKS 18 TO 23 INC PB 6-153 E75FT LOTS 1 & 2 BLK 20 LOT SIZE 8300 SQUARE FEET OR 10148-1393 0878 1
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

47 NE 80th Ter

Miami, FL 33138

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.. tel: 305-851-2820

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