Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    655 80Th St Miami, FL 33138

    For Sale
    $1,050,000

    Three-unit building, fully occupied, great location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional multifamily investment property, located at 655 NE 80th St, Miami, FL 33138, presents a compelling opportunity in Miami's Upper East Side. Built in 1935, this single-story building comprises three distinct rental units. The first unit, situated at the front of the property, is a two-bedroom, one-bathroom apartment featuring an updated kitchen and a living room with a vaulted ceiling and a porch. The second unit is an efficiency apartment located on the side of the main building. Finally, a detached two-bedroom, one-bathroom unit is situated at the rear of the property, also boasting updated features. All three units are currently occupied on a month-to-month basis, providing immediate cash flow. The asking price for this property is $1,050,000. While rental amounts are approximate, the property's strong occupancy rate and desirable location in Miami-Dade County make it an attractive investment prospect. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a thriving Miami neighborhood. Further details are available upon request.

    Property Features for 655 80Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1935
    Stories
    1

    HighLights

    • $1,050,000 asking price for this multifamily investment opportunity.
    • Three‑unit apartment building located in Miami's Upper East Side.
    • Property features a 2/1 with updated kitchen and vaulted ceiling, an efficiency, and a detached 2/1.
    • 1935 construction, one‑story building.
    • Fully occupied with month‑to‑month tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1834743
    Latitude
    25.8488808

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • $3,850,000

      New Multifamily Units in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,850,000
      7,000 SF

      Miami Multifamily Investment Opportunity

      New 10-unit multifamily property in Little Havana.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three-unit building, fully occupied, great location.
    Where is this multifamily property located?
    The property is located at 655 80Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: $1,050,000 asking price for this multifamily investment opportunity.; Three-unit apartment building located in Miami's Upper East Side.; Property features a 2/1 with updated kitchen and vaulted ceiling, an efficiency, and a detached 2/1.
    Request Owner's contact information
    655 80Th St Miami, FL 33138
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    655 80Th St
    Miami, FL 33138
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    655 80Th St Miami, FL 33138
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.