$2,375,000

1125 NE 80th Street, Miami FL 33138

Multi Family
Built in 1956
12,516 Square Feet lot
233 days on market

About this property

BRING OFFERS! Unique investment opportunity to acquire a fully renovated, turnkey 8-unit apartment building situated on a generous 12,516 SF lot just half a block from Biscayne Bay in Miami's highly desirable Shorecrest neighborhood. Recently renovated in 2023, the property features a beautifully landscaped courtyard, on-site laundry facilities, and 9 dedicated parking spaces—an exceptional amenity for the area. The unit mix and upgrades position the asset for immediate income generation with strong rental upside. The property is zoned T-5-R, offering significant long-term redevelopment potential. Investors have the option to reimagine the site into a boutique 5-story hotel, condominium, or expanded multifamily project, potentially capturing bay views and maximizing density. Alternatively, this is an ideal long-term hold in a rapidly appreciating submarket, with increasing rental demand driven by proximity to Biscayne Bay, MiMo District, and ongoing neighborhood revitalization. Also nearby include waterfronts, parks, boutiques, restaurants, and key commuter routes with a short drive to I-95. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential in one of Miami's most dynamic submarkets. Prime location East of Biscayne Boulevard and half a block to Biscayne Bay, places it West of North Bay Village, North Beach & Nearby Surfside, 20 Min Drive to the Beach and positioned North West of Miami Beach/South Beach.

Property Details

Parking

  • Parking features: Assigned, Limited # Of Vehicle, No Boats, No Rv/Boats

Exterior

  • Lot Features: 1/4 To Less Than 1/2 Acre Lot | Less Than 1 Acre | Oversized Lot | In Residential Area | Fenced
  • Waterfront: No

Interior

  • Building Area Total: 4600
  • Cooling Type: Wall/Window Unit(s)
  • Flooring: Vinyl
  • Heating Type: Window/Wall
  • Stories: 1

Location

  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • Road Frontage (Length/Type): City Street | City
  • Zoning: 4600

Construction

  • New Construction: No
  • Utilities: Cable Connected | Cable Available
  • Sewer: Public Sewer | Public Sanitation | Sewer
  • Water Source: Public

Features

  • Exterior features: Room For Pool

Public Info

  • Lot Size: 12,516 Square Feet
  • Year Built: 1956
  • APN: 01-32-08-011-0170

Tax Information

  • Annual Tax Amount: $26,655
  • Tax Year: 2024

Price History

6/12/2026 Listed for Sale
Source: Miami REALTORS®
$2,375,000
6/12/2026 Listed for Sale
Source: Miami REALTORS®
$2,375,000
$516/sqft
12/23/2022 Leased
Source: Miami REALTORS®
$2,100
$3/sqft

Walk Score

Walk Score
72
Walk Score®
Very Walkable
Transit Score
41
Transit Score®
Some Transit
Full Walk Score
Bike Score
48
Bike Score®
Somewhat Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.