851 80th St, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
851 80th St,Miami Beach, FL 33141
$1,500,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,458 sq. ft.
  • Multi-family
  • Active
Listed by: vicente rodriguez
Office: fausto commercial realty consultants inc
MLS#:A11923537
Source:SEFMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$336.47

About this home

A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4,458 SF building sits on a 5,650 SF lot, offering four spacious 2-bed/1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment. Zoned RM-1 (3900 – Multifamily, 38–62 units/acre), it provides flexibility and future redevelopment potential. Current income of $105,600 per year and projected $120,000 proforma yield a Net Operating Income of $66,435 (actual) and $80,835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized. Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnkey,...

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Home facts

  • Year built:1947
  • Listing ID #:A11923537
  • Updated:March 31, 2026 at 11:31 PM

Rooms and interior

  • Flooring:Hardwood, Wood
  • Living area:4,458 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Concrete
  • Year built:1947
  • Building area:4,458 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$336.47
  • Tax amount:$17,758 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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