Commercial Real Estate

CommercialSaleMultifamilyFLMiami734, 80th, Miami, FL, 33150

Basics

Description

  • Description:

    HOMECREST AMD PL PB 9-84 LOTS 5 & 6 BLK 2 PR ADD 763-738 NW 80 ST LOT SIZE 13800 SQUARE FEET OR 21207-3667/21394-395 0403 2 COC 23799-2878 0 Little River Flats is a well-maintained 16-unit multifamily property located at 734 NW 80th Street, Miami, Florida 33150. Built in 1962, the property consists of one two-story building totaling 8,880 square feet on a 0.32 acre lot. The unit mix features sixteen one-bedroom / one-bathroom apartments averaging 555 square feet each. The property has been well cared for, featuring hurricane impact windows and doors, wall-unit air conditioning, and a flat concrete roof. Each unit is separately metered for electric, allowing for reduced ownership expenses and ease of management. Strategically positioned in the Little River submarket of Miami, the property benefits from exceptional accessibility to major employment and lifestyle hubs such as Downtown Miami, Wynwood, the Miami Design District, and Miami Shores. The surrounding area has experienced significant investment and redevelopment, with a growing concentration of creative businesses, restaurants, and multifamily infill projects that continue to enhance the neighborhood’s appeal to renters. With stable in-place income and continued rental growth supported by the area’s transformation, Little River Flats represents an attractive opportunity for investors seeking a well-located, cash-flowing multifamily asset in one of Miami’s fastest-evolving submarkets.

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Location

  • Directions: I95 to NW79th. Go west to NW 7th Ave, go north, left on NW 80th St
  • Lot Size Acres: 0.3168 acres

Building Details

  • Water Source: Public
  • Sewer: PublicSewer
  • Construction Materials: Block
  • Covered Spaces: 0
  • Levels: Two
  • Number Of Buildings: 1
  • Floor covering:

Amenities & Features

  • Parking Features: Common
  • Security Features: FireAlarm,SmokeDetectors
  • Parking Total: 12
  • Roof: Concrete
  • Electric: SeparateMeters
  • Exterior Features: Fence

Expenses, Fees & Taxes

  • Trash Expense: $5,400
  • Utilities Expense: $3,360
  • Maintenance Expense: $6,400
  • Tax Annual Amount: $18,937
  • Other Expense: 0
  • Insurance Expense: $29,000
  • Tax Year: 2025

Miscellaneous

  • List Office Name: Home Sold Realty LLC
  • Listing Terms: Cash,Conventional,Exchange1031

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This -type commercial real estate is located in 734, 80th, Miami, FL, 33150 was built in 1962, and is listed at $3,350,000.

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