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Multifamily in Miami, FL 33138
Causeway Bayfronts, 1125 NE 80th St

Share
OFF MARKET
$2.9M5.2%
$2,750,000
Estimate Payment
4,600
SqFt
Status
OFF MARKETExpired
Size
4,600 SqFt (427 m2)
Price
$598/SqFt ($6,435/m2)
Type
Multifamily
Built
1956
MLS Number
A11560973
On Site
890 Days
Updated
762 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1956
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-04-08T07:45:22.000-00:00
          Taxes, Fees & More
          • Taxes: 24371

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          Price History

          Current
          $2.8M
          High
          $2.9M
          Low
          $2.8M
          Total Change
          -5.2%
          $2.9M$2.8M$2.7MApr 24May 24
          Date
          Event
          Price
          Change
          Price Per
          05/23/2024
          Price Reduced
          $2.8M
          -5.17%
          $598 ft2
          $6,435 m2
          04/01/2024
          Listed
          $2.9M
           
          $630 ft2
          $6,786 m2
          05/23/2024
          $2.8M
          Event
          Price Reduced
          Change
          -5.17%
          Price Per
          $598 ft2
          $6,435 m2
          04/01/2024
          $2.9M
          Event
          Listed
          Price Per
          $630 ft2
          $6,786 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jose Anzola • Keller Williams Elite Properties • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          72
          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          41
          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          48
          100
          Sound Score®
          Very loud
          67
          100
          Airport Score
          Close to airports. Noticeable airport activity
          0
          100
          Traffic Score
          Congested area. Frequent traffic delays
          44
          100
          Local Score
          Limited local amenities nearby
          0
          100
          Community Snapshot
          4,600 - 4,600
          SqFt Range
          1970
          Year Build
          1
          Total Floors

          Subdivision Amenities

          Elevators
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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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