Property 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.
Features
: 3
: Other
Address Map
FL
Miami-Dade County
Miami
33138
47 NE 80th Ter
0
W81° 48' 14.5''
N25° 50' 55.8''
MLS Addon
: Cbs Construction
119
: All Cash, Conventional/refinance
: Sale
$9,027
6101 T5-0
Commercial Sale For Sale
47 NE 80th Ter, Miami, Florida 33138
8,300 Sqft
$1,100,000
Listing ID #A11681107
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11681107
Price : $1,100,000
Year Built : 1948
Lot Area : 8,300 Sqft
Building Area : 1,873 Sqft
Status : Active
