Luxury Live Auction! Bidding to start from $1,950,000.00! Multifamily 8 unit apartment building being sold via Auction as a Portfolio with an additional 12 Unit Building (Parcel # 01 41 10 064 0480). In Miamis Upper East Side neighborhood of Shorecrest, 1125 NE 80th St is an 8 unit property that has been fully upgraded and individually metered for efficiency. Renovated in 2023, the building features a landscaped courtyard, on site laundry facility and 9 Parking Spaces. Its T 5 R zoning offers valuable long term development potential to optionally Re Develop a Boutique 5 Story Hotel, Condo or Multifamily overlooking Biscayne Bay or Long Term hold with increasing Rents.
Luxury Live Auction! Bidding to start from $1,950,000.00! Multifamily 8 unit apartment building being sold via Auction as a Portfolio with an additional 12 Unit Building (Parcel # 01 41 10 064 0480). In Miamis Upper East Side neighborhood of Shorecrest, 1125 NE 80th St is an 8 unit property that has been fully upgraded and individually metered for efficiency. Renovated in 2023, the building features a landscaped courtyard, on site laundry facility and 9 Parking Spaces. Its T 5 R zoning offers valuable long term development potential to optionally Re Develop a Boutique 5 Story Hotel, Condo or Multifamily overlooking Biscayne Bay or Long Term hold with increasing Rents.
Features
Building and Construction
Ceiling Description: Other Ceiling
Construction Type: Concrete Block Construction
Door Height: Door Ht 10-12'
Floor Description: Vinyl Floors
Num Stories: 1.0000
Roof Description: Tile Roof
Typeof Building: Commercial
Year Built Description: Resale
Property Information
Transaction Type Mlx: Sale
Typeof Property: Commercial
Land Information
Lot Sq Footage: 12516
Subdivision Number: 11
Total Acreage: 0.2873
Garage and Parking
Parking Description: Assigned Parking
Eco-Communities
Water Description: Public Water
Utilities
Electric Service: 101-200 Amps
Fire Protection: Smoke Alarm, Smoke Detector, Sprinklers
Sewer Description: Public Sanitation
Amenities
Common Area Maint Includes: A/C & Heating Maintenance, Outside Insurance, Lawn Care, Management Fees, Sewer, Water
Finance and Tax Information
Security Information: Fenced
Tax Year: 2024
Other Features
Board Identifier: BeachesMLS
Country: United States
Legal Description: CAUSEWAY BAYFRONTS PB 44-60 LOTS 3 & 4 BLK 3 LOT SIZE 12516 SQ FT OR 10543-1018 1079 1 COC 21547-2816 07 2003 1
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