851 80th Street, Miami Beach, FL 33141 (MLS# A11923537)

851 80th Street, Miami Beach, FL 33141

$1,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11923537

Property Type: Residential Income Square Footage: 4,458 Status: Active

Current Price: $1,400,000 List Date: 11/17/2025 Last Modified: 7/16/2026

Overview

Description

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, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnkey, low- ... (Read more)

Listing Details MLS# A11923537

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 4458
Living Area Main: 4458
Adjusted Area Main: 3936
Year Built: 1947
Stories Total: 2
Pool Private YN: No
Parking Total: 0

Property Features

Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Deposit Held; Financial Statement; Investment Analysis; Rent Rolls Flooring: Wood Property Condition: Resale; Updated/Remodeled Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA Possession: Close Of Escrow Roof: Concrete Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 1500000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 851
Street Name: 80th
Street Suffix: Street
City Name: Miami Beach
Municipal Code: Yes
State Or Province: FL
Postal Code: 33141
Postal Code +4: 1549
Postal Zip: 33141
Subdivision Name: BISCAYNE BCH SUB
Area: 2320
Elementary School: Biscayne Beach
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232020080701
Subdivision Number: 8
Zoning: 3900
Flood Zone: AE

Financial Information

Tax Annual Amount: 17758
Tax Year: 2025
Tax Legal Description: 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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-16T02:37:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-16T02:37:27Z
Status Change Date: 2025-12-02

More Information

Price Calculations

Current Price To SqFt: 314.04

Section Details

Parcel Number MLX: 0701

Originating Details

Originating System Key: 423835845
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Wood: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Last Months Rent: Yes
Deposit - Security: Yes
Deposit Held: Yes
Financial Statement: Yes
Investment Analysis: Yes
Rent Rolls: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Concrete: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

City/County: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: July - 16 - 2026

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