655 Ne 80th Street, Miami, FL 33138

$1,000,500
2,011
SqFt

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List Price
$1,000,500
MLS
B26067450
Status
ACTIVE
Type
Multifamily
Living Area
2,011

Property Description

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.

Additional Information

Days on Market
4
Style
Triplex
Special Information
Substantially Remodeled, Updated/Remodeled, Completely Renovated
Lot Size
5,720
Exterior Features
East Of Us1, Other
Year Built
1935
Development Name
Shorecrest
#Stories
1
Construction Type
CBS Construction

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Calculator source: Real Geeks

Listing Courtesy of Sole International Realty, Contact: