47 NE 80th Ter new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33138
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,873 sqft
Price per Sqft $507
MLS Listing ID A11828527
Year Built 1948
Annual Tax Amount $9,027
Lot Size 8,300 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Miami-dade
Area 31
Exterior
Roof Type Other
Building
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11828527