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800 85 Miami, FL 33138

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For Sale
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Four-unit building, high growth potential.

Property Features for 800 85

General Information

Property type
Multifamily properties

Building Details

Year Built
1961
Stories
1
Units
4

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Listing Contact
Nancy Dowson
Nancy Dowson

Listing Agency: 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty Listing Agent: Nancy Dowson

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

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Overview

This exceptional four-unit apartment building presents a compelling investment opportunity in Miami's desirable Upper East Side neighborhood. Located just one block east of Biscayne Boulevard, at 800 NE 85th Street, this 1961-built, single-story property offers significant upside potential. The building comprises four legal units: one two-bedroom, one-bathroom unit and three one-bedroom, one-bathroom units. Each unit features a living room, dining room, and walk-in closet. One of the two-bedroom units includes a convenient side entrance/exit. Currently, two units are vacant, providing the new owner flexibility to determine short-term or long-term rental strategies. The property's zoning (check Miami-Dade tax records for details – zoned 4600 Multi-family 5+ stories) allows for substantial future development, including the possibility of adding multiple stories. The asking price is $1,200,000. The existing building's value is enhanced by the potential for significant expansion. There's even room on the south end of the property for a swimming pool, adding further value and appeal. This is a rare chance to acquire a property with immediate income potential and substantial long-term growth prospects in a prime Miami location. The flexible floor plans and the potential for vertical expansion make this a truly unique investment opportunity.
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

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City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.1805265
Latitude
25.8535869

FAQs

What type of property is this?
Multifamily property - Four-unit building, high growth potential.
Where is this multifamily property located?
The property is located at 800 85 Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four-unit apartment building in Miami's desirable Upper East Side.; Located one block east of Biscayne Boulevard at 800 NE 85th Street.; Features one 2BR/1BA and three 1BR/1BA units; all with living/dining rooms and walk-in closets.
(305) 694-2166 Call to check price and availability
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