851 80th Street
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 Hawthorne Ave
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Concrete -
Heating & Cooling
Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1947Building Area Total: 4458Construction Materials: BlockPrivate Pool: No
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Listing Price Information
Listing Price: $1500000Cash, Conventional, FHA
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Tax Information
Parcel Number: 0232020080701 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 |
|---|---|---|---|---|---|
| 1915 Normandy Dr, Miami Beach, FL, 33141 | $870,000 | 15 | 15 | -- | |
| 1910 AND 1920 Biarritz Dr, Miami Beach, FL, 33141 | $2,650,000 | 8 | 8 | 5,764 | 5,764 SqFt |
| 8135 Crespi Blvd, Miami Beach, FL, 33141 | $1,585,000 | -- | -- | 3,510 | 3,510 SqFt |
| 770 83rd St, Miami Beach, FL, 33141 | $1,287,500 | -- | -- | 3,423 | 3,423 SqFt |
| 8109 Harding Avenue, Miami Beach, FL, 33141 | $2,690,000 | 4 | 4 | 1,784 | 1,784 SqFt |
| 7435 Byron Avenue, Miami Beach, FL, 33141 | $3,250,000 | -- | -- | 7,865 | 7,865 SqFt |
| 7830 Abbott Ave, Miami Beach, FL, 33141 | $8,499,000 | 32 | 25 | 19,155 | 19,155 SqFt |
| 7630 Byron Avenue, Miami Beach, FL, 33141 | $1,575,000 | -- | -- | 3,400 | 3,400 SqFt |
| 611 74th St, Miami Beach, FL, 33141 | $1,425,000 | 8 | 4 | 3,616 | 3,616 SqFt |
| 8321 Crespi Boulevard, Miami Beach, FL, 33141 | $1,950,000 | 8 | 8 | 5,730 | 5,730 SqFt |
Similar Multifamily To 851 80th Street
Nearby For Sale
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ByOwner last updated this listing 07/09/2026 @ 23:10
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