851 80th St ,Other, Quadruplex, Biscayne Bch Sub for Sale

851 80th St for Sale

Price $1,500,000.00

• Lot size 4458
• Year Build 1947
• Waterfront
• Zip 33141
• Style Other
• Parking Description
• Pool Yes
• Status Active

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.

BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 4 LOT SIZE 50.000 X 113 OR 18246-4746 0898 1 COC 23471-3665 05 2005 1

Less Than 1/4 Acre Lot

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.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.8661504,Cooling Y N:1,Heating Y N:1,List Price:1500000,Listing Id:A11923537,Longitude:-80.1270128,Mls Status:Active,Year Built:1947,Living Area:4458,Postal Code:33141,Street Name:80th St,Coordinates:1:25.8661504,Photos Count:5,Building Name:BISCAYNE BCH SUB,Days On Market:15,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Biscayne Bch Sub,On Market Date:2025-11-17,Parcel Number:02-32-02-008-0701,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:851,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-11-17,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1549,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:BISCAYNE BCH SUB,Tax Annual Amount:17758,Unparsed Address:851 80th St, Miami Beach FL 33141,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4458,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:336.4738,Original List Price:1500000,Public Survey Range:32,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Financial Statement,4:Investment Analysis,5:Copy Of Lease(S),6:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-11-17,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Street Number Numeric:851,Tax Legal Description:BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 4 LOT SIZE 50.000 X 113 OR 18246-4746 0898 1 COC 23471-3665 05 2005 1,M I A M I R E_ Current Price:1500000,Public Survey Township:32,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:1000000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3936,M I A M I R E_ Internet Remarks:Four-unit multifamily in Miami Beach?s North Beach, RM-1 zoning, strong rents, stable income, and prime location near beach and transit.,M I A M I R E_ Parcel Number M L X:0701,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.866188$-80.12699$301.79$13.33$1.00$xkPLmJzGFH3PEbejCU2djg,Contract Status Change Date:2025-11-17,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:8,M I A M I R E_ Agent Alternate Phone:305-510-6627,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:851 80th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:336.47,