Renovated Multifamily Building Near Biscayne Bay

1125 NE 80th St, Miami, FL 33138

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For Sale

$2,375,000

Turnkey 8-unit apartment building in Miami's Shorecrest neighborhood.

Type:Investment

Lot size:

0.29 Acres

HighLights

Fully renovated in 2023, this turnkey 8‑unit apartment building is ready for immediate income generation.
Prime location in Miami's desirable Shorecrest neighborhood, half a block from Biscayne Bay.
Significant long‑term redevelopment potential due to T‑5‑R zoning.
Generous 12,516 SF lot with 9 dedicated parking spaces.
Strong tenant retention and full occupancy.
Proximity to Biscayne Bay, MiMo District, waterfronts, parks, restaurants, and key commuter routes.

We can help!

Listing Contact

Steven M. Grossman, PA

Learn more

For Sale

$2,375,000

Turnkey 8-unit apartment building in Miami's Shorecrest neighborhood.

Type:Investment

Lot size:

0.29 Acres

Added:: Apr 21, 2026
Days on Market:: 58
Last Refresh:: Apr 21 at 12:16 am

Property Features for 1125 NE 80th St

General Information

Standard status: Active
Lot size: 0.29 Acres
Property subtype: Investment

Building Details

Year Built: 1956

We can help!

Listing Contact

Steven M. Grossman, PA

Listing agent Steven M. Grossman, PA License #3372785

Listing office LoKation Real Estate

Listing date Apr 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of LoKation Real Estate

HighLights

Fully renovated in 2023, this turnkey 8‑unit apartment building is ready for immediate income generation.
Prime location in Miami's desirable Shorecrest neighborhood, half a block from Biscayne Bay.
Significant long‑term redevelopment potential due to T‑5‑R zoning.
Generous 12,516 SF lot with 9 dedicated parking spaces.
Strong tenant retention and full occupancy.
Proximity to Biscayne Bay, MiMo District, waterfronts, parks, restaurants, and key commuter routes.

Overview

This is an investment opportunity to acquire a fully renovated, turnkey 8-unit apartment building. Situated on a 12,516 square foot lot, the property is located half a block from Biscayne Bay in Miami's Shorecrest neighborhood. The property was recently renovated in 2023 and features a landscaped courtyard, on-site laundry facilities, and 9 parking spaces. The unit mix and upgrades position the asset for immediate income generation with rental upside. The property is zoned T-5-R, offering long-term redevelopment potential. The site could be reimagined into a 5-story hotel, condominium, or expanded multifamily project. The location is east of Biscayne Boulevard and half a block to Biscayne Bay, placing it west of North Bay Village and North Beach, and northwest of Miami Beach and South Beach. It is a short drive to I-95. The property is near waterfronts, parks, boutiques, restaurants, and key commuter routes. The location has a bike score of 49, making it somewhat bikeable, a walk score of 67, making it somewhat walkable, and a transit score of 52, indicating good transit options. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential.

Location Intelligence

Current Use by Public Records

St. Germain Event ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

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Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.17368
Latitude: 25.849156

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For sale
Apartment buildings
FL
Miami
33138
1125 NE 80th St

What type of property is this?

Apartment building - Turnkey 8-unit apartment building in Miami's Shorecrest neighborhood.

Where is this apartment building located?

The property is located at 1125 NE 80th St Miami, FL.

What is the asking price?

The asking price for this property is $2,375,000.

What are key features of this property?

This property features: Fully renovated in 2023, this turnkey 8‑unit apartment building is ready for immediate income generation.; Prime location in Miami's desirable Shorecrest neighborhood, half a block from Biscayne Bay.; Significant long‑term redevelopment potential due to T‑5‑R zoning.