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 Hawth
Property Details
Map
Map
Features
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Interior Features
Roof: Concrete -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1947Building Area Total: 4458Construction Materials: BlockStories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: BISCAYNE BCH SUB Source Property Type: ResidentialIncome Postal Code Plus 4: 1549 Zoning Description: 3900 Property SubType: Quadruplex Levels: Two Property Age: 79
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Listing Price Information
Listing Price: $1500000Cash, Conventional, FHA
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Tax Information
Parcel Number: 02-32-02-008-0701 Tax Year: 2025 Annual Tax: $17758 Tax Legal Desc: 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
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Utility Information
CableAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 611 74th St, Miami Beach, FL, 33141 | $1,425,000 | 8 | 4 | 3,616 | 3,616 SqFt |
| 605 77th St, Miami Beach, FL, 33141 | $2,800,000 | -- | -- | 7,638 | 7,638 SqFt |
| 8031 Hawthorne Ave, Miami Beach, FL, 33141 | $1,650,000 | 8 | 4 | 4,429 | 4,429 SqFt |
| 730 84th St, Miami Beach, FL, 33141 | $1,250,000 | 5 | 5 | 2,464 | 2,464 SqFt |
| 835 83rd St, Miami Beach, FL, 33141 | $1,580,000 | 4 | 4 | -- | |
| Residentialincome, Miami Beach, FL, 33141 | $1,549,000 | 7 | 4 | 3,498 | 3,498 SqFt |
| 7435 Byron Ave, Miami Beach, FL, 33141 | $3,250,000 | -- | -- | 7,865 | 7,865 SqFt |
| 1930 Calais Dr, Miami Beach, FL, 33141 | $1,300,000 | -- | -- | 2,700 | 2,700 SqFt |
| 1915 Normandy Dr, Miami Beach, FL, 33141 | $870,000 | 15 | 15 | -- | |
| 1975 Calais Dr, Miami Beach, FL, 33141 | $17,700,000 | 3 | 3 | 26,336 | 26,336 SqFt |
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ByOwner last updated this listing 06/05/2026 @ 15:34
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