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47 NE 80th Ter

$1,100,000

47 NE 80th Ter, Miami, FL 33138

Active
Last Updated: 01/29/2025

1,873 sqft

Building Size

5

Units

Details:
Building Size:    1,873 sqft
Units:    5
Year Built:    1948
Parking Spots:    3
Highlights:
  • Construction Materials: CBS Construction
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.

Map:
Location
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