47 NE 80th Ter, Miami, FL 33138
47 NE 80th Ter, Miami, FL 33138
47 NE 80th Ter, Miami, FL 33138
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$875,000
Est. payment /mo
1,873 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,873 sqft

Price per Sqft $467

MLS Listing ID A11828527

HOA Y/N No

Year Built 1948

Annual Tax Amount $9,027

Lot Size 8,300 Sqft

Property Sub-Type Multi Family

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.

Location

State FL

County Miami-dade

Area 31

Exterior

Roof Type Other

Total Parking Spaces 3

Private Pool Yes

Building

Structure Type Block

Others

Tax ID 01-31-12-013-0090

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11828527

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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47 NE 80th Ter