851 80TH ST, Miami Beach
$1,500,000 USD
Pictures
Map
Contact us
Schedule Tour
| Address | 851 80TH ST, Miami Beach |
| Building Name | BISCAYNE BCH SUB |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $1,500,000 |
| Property Status | Active |
| MLS Number | A11923537 |
| Living Area | 4458 |
| Year Built | 1947 |
| Folio Number | 02-32-02-008-0701 |
| Zoning Information | 3900 |
| Days on Market | 120 |
Detailed Description: A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4,458 sq.ft building sits on a 5,650 sq.ft lot, offering four spacious 2-bed / 1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment. Zoned RM-1 (3900 – Multifamily, 38–62 units / acre), it provides flexibility and future redevelopment potential. Current income of $105,600 per year and projected $120,000 proforma yield a Net Operating Income of $66,435 (actual) and $80,835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized. Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnk
Internet
Property added to favorites
Loan
Mortgage
Expert
Hide
Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 851 80TH ST |
| Section | 2 |
| Zip Code (4 Digits) | 1549 |
Financial Information
| Price | $1,500,000 |
| Price per Foot | $0 |
| Folio Number | 02-32-02-008-0701 |
| Tax Amount | $17,758 |
| Tax Year | 2025 |
Full Descriptions
| Detailed Description | A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4,458 sq.ft building sits on a 5,650 sq.ft lot, offering four spacious 2-bed / 1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment. Zoned RM-1 (3900 – Multifamily, 38–62 units / acre), it provides flexibility and future redevelopment potential. Current income of $105,600 per year and projected $120,000 proforma yield a Net Operating Income of $66,435 (actual) and $80,835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized. Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnk |
| Roof Description | Concrete |
| Floor Description | Wood |
| Cooling Description | Central Air |
| Heating Description | Central |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 4458 |
| Zoning Information | 3900 |
| Year Built | 1947 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | BISCAYNE BCH SUB |
| Development Name | BISCAYNE BCH SUB |
| Construction Type | Concrete Block Construction |
| Stories Number | 2.000 |
| Listed with | Fausto Commercial Realty Consultants Inc |