1125 NE 80th Street, Miami, FL 33138
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: steven m. grossman, pa
Office: lokation
MLS#:B26018137
Source:RMLS
Price summary
- Price:$2,375,000
- Price per sq. ft.:$516.3
About this home
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....
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Home facts
- Year built:1956
- Listing ID #:B26018137
- Added:1 day(s) ago
- Updated:April 21, 2026 at 02:49 PM
Rooms and interior
- Flooring:Vinyl
- Living area:4,600 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Tile
- Year built:1956
- Building area:4,600 sq. ft.
- Construction Materials:Block
- Exterior Features:Courtyard
- Levels:1 Story
Schools
- High school:Miami Edison
- Middle school:Horace Mann
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,375,000
- Price per sq. ft.:$516.3
- Tax amount:$26,655 (2025)
Parking
- Total parking spaces:9
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