655 80Th St Miami, FL 33138
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.