A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.

This listing is courtesy of Sheree Saint Victor at Compass Florida, LLC. em:sheree.saintvictor@compass.com ph:754-971-7771.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131120130090 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1120-013-0090 (0131120130090)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 47 NE 80 Ter
City: Miami
State: Florida
Zip Code: 33138-4365 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 1,873
Actual Square Feet: 1,873
Adjusted Square Feet: 1,824
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Lot Size - English*
Lot Size (sf): 8,300
Lot Size (acres): 0.19
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Building Size - Metric*
Living Square Meters: 174.01
Actual Square Meters: 174.01
Adjusted Sq M: 169.46
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Lot Size - Metric*
Lot Size (sq m): 771
Lot Size (ha): 0.08
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Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6101 - Cen-pedestrian Orientatio
Municipal Zoning: T5 O (Miami)
All Listed | All Properties
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Prior Sale*
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 03/19/2019
Amount: $100
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Prior Sale #2* (Second to Last)
Type: Sales type info not available
Qual: Q
Date: 08/01/1978
Amount: $45,000
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Prior Sale #3* (3rd to Last)
Type: Sales type info not available
Qual: Q
Date: 08/01/1973
Amount: $42,500
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Taxable Values*
Tax Year: 2023
Land: $498,000
Building: $102,961
Total: $600,961
Assessed: $360,908
County Taxable: $360,908
City Taxable: $360,908
Mill Code: 0100
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Ownership*
Owner 1: John Palmer Jr
Owner 2: Caroline Ann Woods Cutler
Mailing Address: 4401 Nw 172 Dr
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33055
Mailing Country: USA
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Building Information*
Stories: 1
Units: 5
Year Built: 1948
Effective Year Built: 1948
Extra Features 1: Patio - Concrete Slab
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Legal Description*
Legal Description Concatenated: LITTLE RIVER GARDENS PL BLKS 18 TO 23 INC PB 6-153 E75FT LOTS 1 & 2 BLK 20 LOT SIZE 8300 SQUARE FEET OR 10148-1393 0878 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.