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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 2,375,000

Est. payment -/mo

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Active

1125 NE 80th ST Miami, FL 33138

4,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $516

Subdivision Causeway Bayfronts

MLS Listing ID B26018137

Style One Story,Fourplex

HOA Y/N No

Leases Per Year 365

Year Built 1956

Annual Tax Amount $26,655

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Quadruplex

Property Description

Unique investment opportunity to acquire a fully renovated, turnkey 8-unit apartment building situated on a generous 12,516 SF lot just half a block from Biscayne Bay in Miami's highly desirable Shorecrest neighborhood. Recently renovated in 2023, the property features a beautifully landscaped courtyard, on-site laundry facilities, and 9 dedicated parking spaces—an exceptional amenity for the area. The unit mix and upgrades position the asset for immediate income generation with strong rental upside. The property is zoned T-5-R, offering significant long-term redevelopment potential. Investors have the option to reimagine the site into a boutique 5-story hotel, condominium, or expanded multifamily project, potentially capturing bay views and maximizing density. Alternatively, this is an ideal long-term hold in a rapidly appreciating submarket, with increasing rental demand driven by proximity to Biscayne Bay, MiMo District, and ongoing neighborhood revitalization. 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.

Location

State FL

County Miami-dade

Community Causeway Bayfronts

Interior

Interior Features Main Living Area Entry Level

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Courtyard, Fence

Pool None

Utilities Available Cable Available, Electricity Available, Water Available

View Other, Water

Roof Type Tile

Private Pool No

Building

Lot Description <1 Acre, Oversized Lot, 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story, Fourplex

Level or Stories One

Structure Type Block

Schools

Middle Schools Horace Mann

High Schools Miami Edison

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Boats,No RV,No Truck

Tax ID 01-32-08-011-0170

Security Features Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No Pet Restrictions

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by LoKation

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

1125 NE 80th ST Miami, FL 33138

Key Details

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Building

Schools

Others

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1125 NE 80th ST