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47 NE 80th Ter, Miami FL 33138

Commercial Sale

47 80th Ter

Miami, FL 33138

ML#:A11828527
List Price:$875,000
Status:Active
Days on Market:261
Listing Brkr:Compass Florida, LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:8300 sqft
Year Built:1948
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33138
Subdivision:
Latitude:25.848837
Longitude:-80.195998

Additional Features

Construction:CBS Construction
Waterfront:No

Financial Information

Annual Taxes:$9,027
Original Price:$950,000
Days on Market:261

Remarks

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.

Listing Agent

Sheree Saint Victor

Compass Florida, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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