$980,500

Price reduced

655 NE 80TH Street, Miami FL 33138

2,011 sq ftBuilt 1935MLS# B26067450

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About this property

Discover a unique investment opportunity featuring two separate buildings on one lot with three established tenants, offering immediate rental income and multiple possibilities for the future. The property is T5-R zoned, providing significant redevelopment potential. Under Miami's T5 zoning framework, T5 permits up to five stories, subject to applicable zoning requirements, site conditions, approvals, and development regulations. Whether you're an investor looking for income, an owner-occupant seeking to offset your expenses with rental income, or a developer looking for future upside, this property offers an attractive combination of current cash flow, flexibility, and long-term development potential. A rare opportunity to acquire a well-maintained income-producing property today while preserving the potential for significant value creation in the future.

Property details

Property type
Multi-family
Year built
1935
Living area
2,011 sq ft
Price per sq ft
$488
Property taxes
$13,979/yr
Floors in building
2
Building / community
Shorecrest
Status
Price reduced
MLS #
B26067450

Listing courtesy of Sole International Realty.

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