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1125 NE 80th Street, Miami FL 33138

Commercial Sale

1125 80th

Miami, FL 33138

ML#:F10530404
List Price:$2,375,000
Status:Active
Days on Market:230
Listing Brkr:LoKation
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.2873 acres
Year Built:1956
Stories:1

General Information

Type Property:Commercial Sale
Style:Multi Family
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33138
Subdivision:
Latitude:25.849223
Longitude:-80.173668

Additional Features

Exterior:Room For Pool
Flooring:Vinyl
Heating:Window/Wall
Cooling:Wall/Window Unit(s)
Construction:Concrete Block Construction
Waterfront:No
Security:Smoke Alarm, Smoke Detector(s), Fire Alarm, Smoke Detector

Financial Information

Annual Taxes (2024):$26,655
Original Price:$1,950,000
Days on Market:230

Remarks

BRING OFFERS! Unique investment opportunity to acquire a fully renovated, turnkey 8-unit apartment building situated on a generous 12,516 SF lot just half a block from Biscayne Bay in Miami's highly desirable Shorecrest neighborhood. Recently renovated in 2023, the property features a beautifully landscaped courtyard, on-site laundry facilities, and 9 dedicated parking spaces—an exceptional amenity for the area. The unit mix and upgrades position the asset for immediate income generation with strong rental upside. The property is zoned T-5-R, offering significant long-term redevelopment potential. Investors have the option to reimagine the site into a boutique 5-story hotel, condominium, or expanded multifamily project, potentially capturing bay views and maximizing density. Alternatively, this is an ideal long-term hold in a rapidly appreciating submarket, with increasing rental demand driven by proximity to Biscayne Bay, MiMo District, and ongoing neighborhood revitalization. Also nearby include waterfronts, parks, boutiques, restaurants, and key commuter routes with a short drive to I-95. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential in one of Miami's most dynamic submarkets. Prime location East of Biscayne Boulevard and half a block to Biscayne Bay, places it West of North Bay Village, North Beach & Nearby Surfside, 20 Min Drive to the Beach and positioned North West of Miami Beach/South Beach.

Listing Agent

Steven M. Grossman,

LoKation

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) 604-3276

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