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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1125 NE 80th Street in Miami, FL is listed for $2,375,000 ($516 per sqft). Built in 1956, the home offers 4,600 sqft of living space on a 0.29 acres lot.

Agent Description

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.

Key Features

  • Built in 1956
  • 0.29 acre lot
  • 9 parking spaces

Property Details

1 story
9 spaces
1956

Amenities

A/C

Monthly Cost Estimate

$12,702/mo

20% down · 6.5% · 30 years

Principal$1,718
Interest$10,292
Insurance$693

Estimates only. Actual payments may vary.

Location

1125 NE 80th Street

Miami, FL 33138

Property Details

Flooring

Vinyl

Construction

Block

Parking

Assigned

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1125 NE 80th Street is listed at $2,375,000 ($516/sqft). The estimated monthly payment is $10,292 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.29 acre lot, 9 parking spaces.

This property is listed by Steven M. Grossman, PA and can be reached at 3053190879 or sgrossmanrealtor@gmail.com.

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SP

Steven M. Grossman, PA

Agent at LoKation

(305) 319-0879

Listed by LoKation

MLS# F10530404· Source: listhub· Updated 191 days ago

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1125 NE 80th Street, Miami, FL 33138

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