Active

47 NE 80th Ter

Miami FL, 33138

$1,150,000


$613.99 per sqft

Active

1,873 sqft

Commercial

Built in 1948

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.

A11681107

MLS ID

October 23, 2024

Listed

October 23, 2024

Updated

Map

47 NE 80th Ter
Miami FL, 33138

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Roof

Other

Other Property Details

Taxes

$9,027


Tax Frequency

Annually


Garage

No


Parking Total

3


View

No


County

Miami-Dade County


Pool

No


Zoning

6101 T5-0

Listed by:  Compass Florida, LLC.
Listing Contact: 754-971-7771 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 7:40 PM UTC, 10/23/2024.

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