Basic Information
- MLS # A11681107
- Type Multi Family
- Status Active
- Year Built 1948
- Total Sqft 8,300
- Date Listed 10/23/2024
- Days on Market 197
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Roof Description Other
- Style Multi Family
Interior Features
- Adjusted Sqft 8,300Sq.Ft
- Sqft 8,300 Sq.Ft
Property Features
- Address 47 NE 80th Ter
- Aprox. Lot Size 8,300
- City Miami
- Construction Materials Block
- County Miami- Dade
- Furnished Info no
- Listing Terms Cash, Conventional
- Occupant Type Tenant
- Postal City Miami
- Public Survey Township 1
- Roof Other
- Subdivision Complex
- Subdivision Info
- Tax Amount $9,027
- Tax Legal desc L I T T L E R I V E R G A R D E N S P L B L K S18 T O23 I N C P B6-153 E75 F T L O T S1&2 B L K20 L O T S I Z E8300 S Q U A R E F E E T O R10148-139308781
- Tax Year 0
- Terms Considered Cash, Conventional
- Type of Property Multi Family
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Compass Florida, LLC.. tel: 305-851-2820
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