47 NORTH EAST 80TH TER, Miami
$950,000 USD
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| Address | 47 NORTH EAST 80TH TER, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Residential-Multi-Family |
| Price | $950,000 |
| Property Status | Active |
| MLS Number | A11828527 |
| Property Size | 8300 |
| Lot Size | 8300 |
| Year Built | 1948 |
| Parking Space Number | 3 |
| Folio Number | 01-31-12-013-0090 |
| Zoning Information | 6101 T5-0 |
| Days on Market | 81 |
Detailed Description: 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33138 |
| Address | 47 NORTH EAST 80TH TER |
| Section | 12 |
| Zip Code (4 Digits) | 4365 |
Financial Information
| Price | $950,000 |
| Price per Foot | $0 |
| Folio Number | 01-31-12-013-0090 |
| Tax Amount | $9,027 |
Full Descriptions
| Detailed Description | 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. |
| Roof Description | Other |
Property parameters
| Living Area | 8300 |
| Lot Size | 8300 |
| Total Acreage | 0.000 |
| Zoning Information | 6101 T5-0 |
| Maximum Leasable Size | 8300 |
| Year Built | 1948 |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Residential-Multi-Family |
| Construction Type | CBS Construction |
| Street Direction | North East |
| Parking Space Number | 3 |
| Listed with | Compass Florida, LLC. |