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$900,000
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Property Description
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.
Full Property Details
Full Property Details for 47 NE 80th Terrace
General
- Price: $900,000
- Taxes: $9,027
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11828527
- Updated: 10/9/2025
- Added to Site: 205 day(s) ago
Business
- Business Type: Commercial/Residential Income, Residential-Multi-Fa
Parking
- Total Spaces: 3
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 5
Structural Information
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Building Size: 1873
- Year Built: 1948
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Sq. Ft.): 8,300
- Zoning: 6101 T5-0
Financial Considerations
- Tax Amount: $9,027
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: 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
- Property ID: 01-31-12-013-0090
Listed by Compass Florida, LLC
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Schools
Schools serving 47 NE 80th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Jesse J. Mccrary, Jr. Elementary School 514 Northwest 77th Street, Miami, FL 33150 | PK-5 | 0.7 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 0.7 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47 NE 80th Terrace
Date
Details
Price
Change
Source
10/09/2025
Price Reduced
$900,000
-5.26%
MLS
6/25/2025
Listed
$950,000
949900%
MLS
3/19/2019
Sold
$100
—
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 47 NE 80th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,344
4%
$607,733
1%
2023
$9,027
25%
$600,961
53%
2022
$7,194
14%
$393,461
32%
2021
$6,337
60%
$298,272
62%
2019
$3,968
11%
$184,582
10%
2018
$3,577
11%
$167,802
10%
2017
$3,232
5%
$152,548
8%
2016
$3,071
—
$140,700
6%
2015
$3,080
12%
$133,072
10%
2014
$2,744
—
$120,975
—
2013
$2,740
—
$120,975
—
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 47 NE 80th Terrace
47 NE 80th Ter, Miami, FL 33138 (MLS# A11828527) is a Commercial Multi-Family property. 47 NE 80th Ter is currently listed for $900,000 and was received on June 25, 2025. Want to learn more about 47 NE 80th Ter? Do you have questions about finding other Commercial 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.

