$875,000
47 NE 80th Ter, Miami FL 33138
Income/MultiFamily
Built in 1948
8,300 Square Feet lot
261 days on market
About this property
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.
Property Details
Exterior
- Waterfront: No
Interior
- Building Area Total: 1873
Location
- City: Miami
- County: Miami-Dade County
- State: FL
- Zoning: 6101 T5-0
Construction
- New Construction: No
Public Info
- Lot Size: 8,300 Square Feet
- Year Built: 1948
- APN: 01-31-12-013-0090
Tax Information
- Annual Tax Amount: $9,027
Price History
| 4/13/2026 |
Listed for Sale
Source: Miami REALTORS® |
$800,000 |
| 3/13/2026 |
Listed for Sale
Source: Miami REALTORS® |
$875,000 |
Walk Score
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor