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1125 NE 80th St, Miami
#MLS: A11560973
$ 2 900 000
Listing date04/08/2024
CityMiami, FL 33138
Address1125 NE 80th St
Area4600 sqft
Tax/year$ 24 371
Built year1956

Welcome to Causeway Bayfronts, located at 1125 NE 80th St, Miami FL 33138. This fully updated and well-maintained 8-unit property offers a great investment opportunity in the heart of Miami. The property, built in 1956, sits on a large 12,516 SF lot in the east Shorecrest neighborhood.

The unit breakdown includes 2 2/1 units, 4 1/1 units, and 2 studios, providing a variety of options for tenants. Situated east of Biscayne Blvd and just half a block to the Bay and NE 79 St, residents can enjoy easy access to the water and nearby amenities.

With a solid income of $220,800 Gross Operating Income, $173,260 Net Operating Income, and a 6% cap rate, this property offers a great return on investment. Additionally, there is upside potential in rents and the T-5-R zoning allows for the possibility of building up to 5 stories in the future.

Living in Miami-Dade County offers a vibrant lifestyle with beautiful beaches, great dining options, and a rich cultural scene. The safe and convenient location of Causeway Bayfronts, along with tenant-friendly amenities such as 9 parking spaces and outdoor areas for tenants, make it a desirable place to live.

Don't miss this opportunity to invest in Causeway Bayfronts and be part of the thriving Miami community. Schedule a viewing today and secure your place in this prime location!

1125 NE 80th St Miami, FL 33138 quadruplex house for sale with MLS A11560973 located in CAUSEWAY BAYFRONTS. If you want to buy Quadruplex - 1125 NE 80th St Miami, FL 33138, call today!
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