1125 Northeast 80th Street
$2,750,000
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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. Seller offering buyer/buyer's agent incentives.
- Listed by Jose Anzola • Keller Williams Elite Properties
- Listed by Ambarina Pernia Montero • Real Estate Sales Force
Property Details for 1125 Northeast 80th Street
Area
32
AuctionNo
LISTING UPDATED: 08/14/2024 08:52 AM
Property Details for 1125 Northeast 80th Street
Status | Active |
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MLS # | A11561004 |
Days on Market | 240 |
Taxes | $24,371 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1956 |
Lot Size | 0.29 AC / 12,516 SF |
County | Miami-Dade County |
Building Information for 1125 Northeast 80th Street
Stories-Residences-Year Built1956Building Size-Lot Size0.29 AC / 12,516 SF
Property Information for 1125 Northeast 80th Street
Property History for 1125 Northeast 80th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 County Public Schools.
Rating | School | Type | Grades | Distance |
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Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Jesse J. Mccrary, Jr. Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
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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