800 NE 85th St Miami, FL 33138
MULTI_FAMILY - Other - Miami, FL
Property Features for 800 NE 85th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2
- Parking
- 4
- Exterior features
- Barbecue, Fence, Lighting, Room For Pool
- Fencing
- Fenced
- Standard status
- Active
- APN
- 01-32-07-003-0890
- Size
- 2,358 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 6-7-8 53 42 BISC HGTS PB 2-78 E60FT OF W120FT OF LOT 44 LESS N10FT FOR ST LOT SIZE 7200 SQUARE FEET 75R 266247 OR 19720-1750 06 2001 1 COC 2
- Tax Annual Amount
- 13851
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Nancy Dowson License #0566226 (305) 694-2166
Listing office Keller Williams Capital Realty 550 Biltmore Way PH2, Coral Gables, FL (305) 662-7325
Listing date Jun 17, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building is located in the Upper East Side neighborhood area, described as just one block east of Bisc Blvd. The primary zoning is listed as 4600 multi-family 5+ stories, and the buyer is encouraged to review zoning details using Miami-Dade tax records.
For tenants and operators, the property’s legal four-unit structure and varied unit sizes support a range of occupancy strategies. For buyers, the vacant units provide immediate leasing opportunities, while the zoning language suggests compatibility with multi-story multi-family use. The offering is positioned for purchase based on current use and multi-story zoning considerations, as reflected in the property remarks.
Key Highlights
- Four‑unit multifamily building built in 1961 (block construction) currently configured as 1 two‑bed/1‑bath and 3 one‑bed/1‑bath units
- Two units are currently vacant, offering flexibility for short‑term or long‑term rental use (all four units are legal)
- Zoned for multi‑family 5+ stories (Primary zoning 4600 per Miami‑Dade tax records) while currently used as a four‑unit building
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.2k | $30.60 |
| − Vacancy | −$4.6k | −$1.95 |
| EGI | $67.6k | $28.65 |
| − OpEx | −$20.3k | −$8.60 |
| NOI | $47.3k | $20.06 |
