47 NE 80th Ter Miami, FL 33138

Building Details

Year Built

1948

Listing office s***@compass.com Show Phone

Listing date Mar 31, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity in a desirable neighborhood. The property, situated on an 8,300 square foot lot, is zoned T5-0, which allows for the development of up to 12 units. The existing structure includes 1 one-bedroom apartment and 4 studio apartments. All units are currently rented through Section 8, providing a consistent income stream. The property's central location provides convenient access to the Design District and major expressways. It is also located near beaches and airports.

Key Highlights

• Income‑producing multi‑family investment with a cap rate over 3%.
• Zoned T5‑0, allowing for up to 12 units on an 8,300 sq ft lot.
• All units currently rented through Section 8, providing a steady income stream.

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FAQs

What type of property is this?

Multifamily property - Income-producing multifamily property in a sought-after neighborhood.

Where is this multifamily property located?

The property is located at 47 NE 80th Ter Miami, FL.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Income‑producing multi‑family investment with a cap rate over 3%.; Zoned T5‑0, allowing for up to 12 units on an 8,300 sq ft lot.; All units currently rented through Section 8, providing a steady income stream.