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$2,375,000
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Property Description
Unique investment opportunity to acquire a fully renovated, turnkey 8-unit apartment building situated on a generous 12,516 SF lot just half a block from Biscayne Bay in Miami's highly desirable Shorecrest neighborhood. Recently renovated in 2023, the property features a beautifully landscaped courtyard, on-site laundry facilities, and 9 dedicated parking spaces-an exceptional amenity for the area. The unit mix and upgrades position the asset for immediate income generation with strong rental upside. The property is zoned T-5-R, offering significant long-term redevelopment potential. Investors have the option to reimagine the site into a boutique 5-story hotel, condominium, or expanded multifamily project, potentially capturing bay views and maximizing density. Alternatively, this is an ideal long-term hold in a rapidly appreciating submarket, with increasing rental demand driven by proximity to Biscayne Bay, MiMo District, and ongoing neighborhood revitalization. Also nearby include waterfronts, parks, boutiques, restaurants, and key commuter routes with a short drive to I-95. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential in one of Miami's most dynamic submarkets. Prime location East of Biscayne Boulevard and half a block to Biscayne Bay, places it West of North Bay Village, North Beach & Nearby Surfside, 20 Min Drive to the Beach and positioned North West of Miami Beach/South Beach.
Full Property Details
Full Property Details for 1125 NE 80th St
General
- Price: $2,375,000
- Taxes: $26,655 (2025)
- Status: Active
- Type: Multi-Family
- Source: Regional
- MLS ID: B26018137
- Updated: 4/20/2026
- Added to Site: 13 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: In Unit
Additional Information
- Equipment: Varies by Unit
Exterior
- Exterior Features: Courtyard, Garden, Outdoor Living Area
Parking
- Total Spaces: 9
Location
- County: Miami-Dade
- Subdivision: CAUSEWAY BAYFRONTS
School Information
- Middle School: Horace Mann
- High School: Miami Edison
Community
- Community Name: 2320
- Units Assoc/Comm: 4
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Connected
- # Electric Meters: 8
Structural Information
- Construction: Block
- Roof: Tile
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 4600
- Square Feet: 4,600
- Sq. Ft. Source: Appraiser
- Living Area: 4,600 Sq. Ft.
- Year Built: 1956
- Property Condition: Resale, Updated/Remodeled
Lot Features
- Property View: Other
- Lot Size (Acres): 0.29
- Frontage: City Street
- Road Maintenance: Public Maintained Road
- Lot Features: Oversized Lot, 1/4 to 1/2 Acre Lot
- Zoning: 4600
- Fencing (Description): Fenced
Green Features
- Indoor Air Quality: Integrated Pest Management
Financial Considerations
- Operating Expenses: $75,390
- Tax Amount: $26,655
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Appraisal, Financials, Lease, Other, Rent Rolls, Survey
- 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
- Property ID: 132080110170
Listed by LoKation
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Schools
Schools serving 1125 NE 80th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Jesse J. Mccrary, Jr. Elementary School 514 Northwest 77th Street, Miami, FL 33150 | PK-5 | 2 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.9 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1125 NE 80th St
Date
Details
Price
Change
Source
4/20/2026
Listed
$2,375,000
13.1%
MLS
6/16/2022
Sold
$2,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1125 NE 80th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,670
4%
$1,384,351
—
2024
$26,655
9%
$1,384,351
17%
2023
$24,371
50%
$1,185,546
55%
2021
$16,251
-14%
$764,864
-28%
2022
$18,803
16%
$1,062,706
24%
2021
$16,251
-5%
$857,664
7%
2019
$17,063
6%
$799,347
4%
2018
$16,155
1%
$771,297
2%
2017
$16,051
-3%
$757,676
—
2016
$16,537
94%
$757,676
157%
2015
$8,535
25%
$295,245
10%
2014
$6,816
23%
$268,405
10%
2013
$5,527
—
$244,005
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1125 NE 80th St
1125 NE 80th Street, Miami, FL 33138 (MLS# B26018137) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1125 NE 80th Street is currently listed for $2,375,000 and was received on April 21, 2026. Want to learn more about 1125 NE 80th Street? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

