5611125 NE 80th Street, Miami, FL 33138
New Listing
$2,400,000
Property Type:
Commercial Sale
Square Footage:
4,600
Lot Size (sq. ft.):
12,515
Status:
Active
Current Price:
$2,400,000
List Date:
3/19/2026
Last Modified:
3/19/2026
Description
Significant Price Drop, Priced to Sell! Turnkey Multifamily 8 unit apartment building with 9 Parking Spaces on a 12,516 Sq Ft. Lot half a block to Biscayne Bay. In Miami’s Upper East Side neighborhood of Shorecrest, 1125 NE 80th St is an 8-unit property that has been fully upgraded and individually metered for efficiency. Renovated in 2023, the building features a landscaped courtyard, on-site laundry facility and 9 Parking Spaces. Its T-5-R zoning offers valuable long-term development potential to optionally Re-Develop a Boutique 5 Story Hotel, Condo or Multifamily overlooking Biscayne Bay or Long Term hold with increasing Rents.
Supplements: Also nearby include waterfronts, parks, boutiques, restaurants, and key commuter routes with a short drive to I-95. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential in one of Miami’s most dynamic submarkets. Prime location East of Biscayne Boulevard and half a block to Biscayne Bay, places it West of North Bay Village, North Beach & Nearby Surfside, 20 Min Drive to the Beach and positioned North West of Miami Beach/South Beach.
More Information MLS# F10530404
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Contract Date: 2025-10-09
Status: Active
Original List Price: 1950000
List Price: $2,400,000
Current Price: $2,400,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33138
Geographic Area: DADE
Subdivision Number: 11
Multiple Offers Accepted: Yes
Country: United States
Street Number: 1125
Street Direction Prefix: NE
Street Name: 80th
Street Suffix: Street
State Or Province: FL
Area: 2320
Parcel Number: 01-32-08-011-0170
Zoning: 4600
General Property Information
Number Of Buildings: 1
Occupant Type: Tenant
Accessibility Features YN: Yes
Lot Size Area: 12516
Stories Total: 1
Property Sub Type: Multi Family
Building Area Main: 4600
Building Area Source: Appraiser
Year Built: 1956
Parking Total: 9
Lot Size Acres: 0.29
Currently Not Used
Number Of Units Total: 8
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Back on Market Date: 2026-03-18
Major Change Timestamp: 2026-03-19T01:43:33Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-19T01:43:33Z
Status Change Date: 2026-03-18
Electric
101-200 Amp Service: 1
Flooring
Vinyl: 1
Parking Features
Assigned: 1
Property Condition
Resale: 1
Special Listing Conditions
Real Estate Owned: 1
Documents Available
Aerial Photo(s): 1
Appraisal: 1
Financial Statement: 1
Other Available Information: 1
Owner Managed: 1
Photos: 1
Rent Rolls: 1
Site Plans: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 8
Number Of Separate Electric Meters: 8
Structure Type
Mixed Use: 1
Tenant Pays
Electricity: 1
Location of Property
In Residential Area: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Building and Property Details
# Of Tenants: 8
# Of Toilets: 8
Door Height: 10-12'
Improvement Height: 1 Story
Interior Ceiling Height: 10
Building Features
Fenced Area: 1
Laundry Facilities: 1
Rear Access: 1
Business Type
Commercial: 1
Ceiling
Other: 1
Common Area Maintenance Includes
HVAC Maintenance: 1
Interior Electric: 1
Management Fees: 1
Outside Insurance: 1
Sewer: 1
Water: 1
Heating
Window/Wall: 1
Sale Includes
Land: 1
Special Licenses
Other: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Road Frontage Type
City Street: 1
Roof
Tile: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Occupancy Percentage: 100
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
See Remarks: 1
Restrictions
Limited # Vehicles: 1
Parking - No Boat: 1
Parking - No RV: 1
Showing Details
Pet(s) on Premises: Yes
Price Calculations
Current Price To SqFt: 521.73
Section Details
Parcel Number MLX: 0170
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 26655
Tax Year: 2024
Tax Legal Description: CAUSEWAY BAYFRONTS PB 44-60 LOTS 3 & 4 BLK 3 LOT SIZE 12516 SQ FT OR 10543-1018 1079 1 COC 21547-2816 07 2003 1
Originating Details
Originating System Key: 604877323
Originating System ID: M00000170
Property Features
Building Features: Fenced Area; Laundry Facilities; Rear Access
Business Type: Commercial
Ceiling: Other
Common Area Maintenance Includes: HVAC Maintenance; Interior Electric; Management Fees; Outside Insurance; Sewer; Water
Documents Available: Aerial Photo(s); Appraisal; Financial Statement; Other Available Information; Owner Managed; Rent Rolls; Site Plans
Electric: 101-200 Amp Service
Fencing: Fenced
Flooring: Vinyl
Heating: Window/Wall
Location of Property: In Residential Area
Parking Features: Assigned
Possession: Close Of Escrow
Property Condition: Resale
Sale Includes: Land
Special Licenses: Other
Special Listing Conditions: Real Estate Owned
Source Of Expenses: Owner Provided
Tenant Pays: Electricity
Construction Materials: Block
Cooling: Wall/Window Unit(s)
Listing Terms: Cash
Restrictions: Limited # Vehicles; Parking - No Boat; Parking - No RV
Road Frontage Type: City Street
Roof: Tile
Security Features: Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Special Information: Sold As-Is
Structure Type: Mixed Use
Utilities: Cable Available
Water Source: Public
Showing Requirements: See Remarks
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Documents
February 2025 Appraisal ›
Listing Office:
LoKation
Last Updated: March - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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