BEDS0
BATHS
SQUARE FEET4,600
MLS#B26018137
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAUSEWAY BAYFRONTS
Property Description
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 Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Window/Wall
Lot Size: 0.29 Acres
Roof Type: Tile
Stories: 1.0
Taxes: $26,655
Year Built: 1956
Amenities
Courtyard
Garden
Feature Descriptions
Days on Site: 2
Exterior: Block
Fencing: Fenced
Flooring: Vinyl
Laundry: In Unit
Lot: Oversized Lot
Lot: Oversized Lot
Other Equipment: Varies by Unit
Parcel#: 0132080110170
Pets Allowed: Yes, Cats OK, Dogs OK
Sewer: Public Sewer
SQFT Living: 4600
Units: 2
Utilities: Cable Available, Electricity Available, Water Connected
Utilities: Cable Available, Electricity Available, Water Connected
Water: Public
Windows: Blinds
Local Schools
High School: Miami Edison
Middle School: Horace Mann
Listed By / Shown By
Listed By
Agency Name: LoKation
Agency Phone: 954-545-5583
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 8,199.68 per month $5,285.72 Principal & Interest $2,221.25 Property Tax $692.71 Homeowner's InsuranceChange Payment Information
1125 NE 80th Street | MLS# B26018137
This multi-family property located at 1125 NE 80th Street, Miami, FL 33138 is currently listed for sale with an asking price of $2,375,000. Search Miami real estate on www.realtymark.net today.