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851 80th St
Miami Beach, FL 33141 Biscayne Beach

$1,500,000 USD

Apartments For Sale • 3,865 SF

Property Details

Property Type Apartments
Total Building Size 3,865 SF
Lot Size 0.13 AC
Building Class C
Year Built 1948
Cap Rate 5.39 %
Zoning RM-60

48 Transit Score

38 Walk Score

                
                    Highlights
                
                                Stable Cash Flow with Immediate Upside
                            
                                Strong Financial Performance; NOI (actual): $66,435
                            
                                Prime North Beach Location; Walk to the beach, North Shore Park, and the Bandshell cultural district.
                            
                                Quiet residential street with strong rental demand and low vacancy.
                            
                                Minutes from the upcoming North Beach Town Center redevelopment.
                            
                                Desirable RM-1 Zoning (3900 – Multi-Family, 38–62 U/A)

Cap Rate:

5.39 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	22 min	-	9.5 mi
Airport	Drive	Walk	Distance
Miami International	38 min	-	17.6 mi
Fort Lauderdale/Hollywood International	37 min	-	18.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Vicente Rodriguez 305-510-6627 Fausto Commercial Realty Consultants

851 80th St Miami Beach, FL 33141 Biscayne Beach

$1,500,000 USD

Property Details

Highlights

Public Transportation

Parking Details

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851 80th St
Miami Beach, FL 33141 Biscayne Beach