851 80th St, Miami Beach FL 33141

Description of 851 80th St, Miami Beach FL 33141

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.

Property Details for 851 80th St, Miami Beach FL 33141

Interior Features

Stairs

Flooring

Wood

Heating

Central

Cooling

Central Air

Architectural Style

Other

Pool Private

No

Year Built Details

Resale

Property Condition

Substantially Remodeled

Building Information for 851 80th St, Miami Beach FL 33141

Building Name

BISCAYNE BCH SUB

Building Area Total

4458

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for 851 80th St, Miami Beach FL 33141

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Concrete

Sewer

Public Sewer

New Construction

No

Public Records for 851 80th St, Miami Beach FL 33141

Parcel Number

02-32-02-008-0701

Tax Annual Amount

$17,758

Tax Year

2,025

Tax Legal Description

BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 4 LOT SIZE 50.000 X 113 OR 18246-4746 0898 1 COC 23471-3665 05 2005 1

Zoning

3900

County Or Parish

Miami-Dade County

Location