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$2750000   Price Analysis
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1125 NE 80th St
Miami, FL 33138
Unknown bed 0 bath 4600 SqFt ($597/SqFt)
Built 1956
Listed 2024-04-08, Taxes $18803
Ⓧ USDA Ineligible
due to price & location

near Miami

Fully updated and well-maintained 8-unit property on large 12

516 SF lot located in east Shorecrest - Unit breakdown: 2 2/1 units, 4 1/1 units, 2 studios; east of Biscay ne Blvd, half a block to Bay and NE 79 St. Solid income/ solid return - $220, 800 GOI, $173, 260 NOI, 6% cap rate. Upside in rents, T-5-R zoning allows bulding up to 5 stories - invest now for a solid return, land bank for future development.

Safe, convenient location and tenant-friendly property (9 parking spaces, outdoor spaces for tenants) property is 100% occupied. Building completed it's 40 Years Recertification in 2016. All door and windows impact.


Presented by Jose Guillermo Anzola at
Keller Williams Elite Properties.


Property MLS #A11560973 from MiamiMLS

Total Bathrooms: 0

Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes

Flooring: CeramicTile

Lot Description: Item14Acre

Parking Total: 7

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Sewer, TrashCollection, Water

Annual Tax Amount: 24371
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: CAUSEWAY BAYFRONTS
Parcel Number: 01-32-08-011-0170
Postal City: Miami
Postal Code Plus 4: 4222
Subdivision: CAUSEWAY BAYFRONTS
Zoning Description: 4600
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$841350
$18803
2021$139064 + $625800
$764864
$16250
2020$231864 + $625800
$857664
$18266
2019$173547 + $625800
$799347
$17063
2018$333237 + $438060
$771297
$16155
2017$319616 + $438060
$757676
$16050
2016$319616 + $438060
$757676
$16536
2015$unknown + $unknown
$295245
$8535
2014$unknown + $unknown
$268405
$6815
2013$unknown + $unknown
$244005
$5527
2012$unknown + $unknown
$255803
$5779
2011$unknown + $unknown
$240158
$5462
2010$unknown + $unknown
$271448
$6571
2009$unknown + $unknown
$413020
$9496
2008$unknown + $unknown
$568989
$12879
2007$unknown + $unknown
$756729
$16765

Price Changed 2024-05-23
$2750000
MiamiMLS
Listed 2024-04-08
$2900000
MiamiMLS
Listing removed 2022-12-23
$2100
MiamiMLS
Price Changed for rent 2022-12-20
$2100
MiamiMLS
Listed for rent 2022-12-08
$2250
MiamiMLS
Sold 2022-06-24
$2100000
Public Record
Listing removed 2021-06-30
$1200
MiamiMLS
Listed for rent 2021-05-10
$1200
MiamiMLS
Listing removed 2020-08-30
$1250
MiamiMLS
Listing removed 2020-06-07
$1050
MiamiMLS
Sold 2018-02-16
$1445000
Public Record
Sold 2015-05-14
$928000
Public Record
Sold 2012-06-20
$425000
Public Record
Sold 2003-08-19
$350000
Public Record
Sold 1979-10-01
$135000
Public Record

Total Square Feet Living: 4600
Year Built: 1956
Building Area Total: 4600
Construction Materials: Block
Levels: One
Property Age: 68
Roof: Barrel
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex

Sewer: PublicSewer
CableAvailable

Horace Mann Middle School is a public middle school located approximately 1.8 miles away.
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Jesse J. Mccrary, Jr. Elementary School is a public elementary school located approximately 2 miles away.
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Miami Edison Senior High School is a public high school located approximately 2.3 miles away.
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Tangerine Learning Center LLC is a private elementary school located approximately 0.7 miles away.
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living_roomliving_roomkitchenlaundry_roombedroom
bathroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.