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851 80th St, Miami Beach, FL 33141
Offering:
For Sale
Location:
Miami Beach, FL 33141
Subdivision:
BISCAYNE BCH SUB
Status:
Active
$1,400,000
Deemed reliable but not guaranteed.
Details
Year built:
1947
Levels:
Two
Stories:
2
Style:
Fourplex
Days on market:
240
Annual tax (2025):
$17,758
Type:
Quadruplex
MLS ID
A11923537
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
786-862-8247
Listing office email:
Listing agent:
Vicente Rodriguez (3289280)
Features
Utilities
Available:
Cable Available
Sewer:
Public Sewer
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.
Price history
$1,500,000 → $1,400,000
·
Reduced by
$100,000 (6.7%) · 2 price changes
Location
851 80th StMiami Beach, FL 33141
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MLS information
Last updated Jul 16, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
