851 80th ST, Miami Beach, FL 33141
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851 80th ST, Miami Beach, FL 33141
851 80th ST, Miami Beach, FL 33141
851 80th ST, Miami Beach, FL 33141
851 80th ST, Miami Beach, FL 33141
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Sofia Nina

Sofia Nina

+1(754) 277-0580
$ 1,400,000
Est. payment /mo
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Active

851 80th ST Miami Beach, FL 33141

4,458 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,458 sqft

Price per Sqft $314

Subdivision Biscayne Bch Sub

MLS Listing ID A11923537

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 4458

Year Built 1947

Annual Tax Amount $17,758

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

A well-maintained four-unit multifamily property in Miami Beach's North Beach neighborhood. The two-story, 4,458 SF building sits on a 5,650 SF 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 turnkey, low-maintenance investment in a high-demand rental corridor.

Location

State FL

County Miami-dade

Area 2320

Zoning 3900

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Wood

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Concrete

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools Biscayne Beach

Middle Schools Miami Beach Nautilus

High Schools Miami Beach

Others

Tax ID 0232020080701

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11923537

BeachesMLS, Inc. (FLR) IDX
Listed by Vicente Javier Rodriguez Fausto Commercial Realty Consultants Inc

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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851 80th ST