47 NE 80th Ter new

Miami,FL 33138

$ 1150000

- Bed

0 Bath

1873 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,873 sqft

Price per Sqft $613

MLS Listing ID A11681107

Year Built 1948

Annual Tax Amount $9,027

Lot Size 8,300 Sqft

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

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