903 80 St Miami Beach, FL 33141
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 903 80 St
- Year built
- 1950
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building situated in the desirable Biscayne Point neighborhood of Miami Beach, Florida. Built in 1950, this single-story property is priced at $1,150,000 and currently generates a substantial monthly income of $8,700. The property features a mix of lease agreements; one unit is under a standard lease, while the remaining three units operate on month-to-month tenancies, offering flexibility for the new owner. A convenient shared laundry facility is located at the rear of the building, equipped with a washer and dryer for tenant use. The property is served by a single water meter, simplifying utility management. Located at 903 80th Street, Miami Beach, FL 33141, this property offers a compelling combination of established rental income and potential for future appreciation in a highly sought-after Miami Beach location. The property's address is 903 80th Street, Miami Beach, Florida, 33141. This is a rare opportunity to acquire a well-maintained multifamily property in a prime location with proven rental income. The property's single-story design and existing infrastructure present a straightforward investment opportunity with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1280056
- Latitude
- 25.8661327
