No photos available
Offered at
$1,500,000
851 80th Street, Miami Beach, FL 33141
- 0
- Beds
- 0
- Full Baths
- 4,458
- Sq.Ft.
Listing courtesy of Vicente Javier Rodriguez, Fausto Commercial Realty Consultants Inc
Property Description
A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4,458 SF building sits on a 5,650 SF lot, offering four spacious 2-bed/1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment.Zoned RM-1 (3900 – Multifamily, 38–62 units/acre), it provides flexibility and future redevelopment potential. Current income of $105,600 per year and projected $120,000 proforma yield a Net Operating Income of $66,435 (actual) and $80,835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized.Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnkey, low-maintenance investment in a high-demand rental corridor.
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 851 80th Street, Miami Beach, FL 33141
- Zoning
- 3900
- MLS ID
- A11923537
- Listing Date
- 2025-11-17
- Last Updated
- 5/31/2026, 5:06:18 AM
- Days on Market
- 218
- Subdivision
- BISCAYNE BCH SUB
Features & Amenities
The Details
Interior
- Flooring
- Wood
Exterior
- Construction
- Block
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Cooling
- Central Air
- Heating
- Central, Separate Meters
Details
- Building Area
- 4,458 sq.ft.
- Subdivision
- BISCAYNE BCH SUB
- Stories
- 2
- Year Built
- 1947
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $1,500,000
- Original List Price
- $1,500,000
- Annual Tax
- $17,758/yr
- Tax Year
- 2025
Location
Inquire
Request a Private Showing
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.