268 NE 80th Ter
Miami, FL 33138
- – beds
- – baths
- – sqft
- 8,100 sqft lot
- – on site
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LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 60k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.
Last checked:
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Last updated Apr 10, 2025
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MLS# A11051786 —
Financial & Terms
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Buyer Financing:Cash
The Property
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Parcel Number:01 32 07 029 0160
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Property Type:Land
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Property Subtype:MultiFamily
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Property Subtype Additional:MultiFamily
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Zoning Description:6100
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Current Use:Commercial
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Possible Use:Investment
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Lot Features:Item1Acre
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Lot Size Area:8100.0
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Lot Size Acres:0.19
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Lot Size SqFt:8,100 Sqft
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Lot Size Dimensions:65x125
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 336-1843
- Office phone:
- (305) 770-4440
Taxes
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Tax Year:2020
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Tax Annual Amount:$7,279
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Tax Legal Description:FRANKLIN PARK PB 6-75 LOT 16 LOT SIZE 8100 SQUARE FEET OR 19035-3058 0300 1 COC 24724-0233 06 2006 1
The Listing
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Disclosures:OwnerIsListingAgent
Utilities
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Utilities:CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable
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Sewer:PublicSewer
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Water Source:Other
The Community
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Subdivision Name:Franklin Park
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/23/23
Jun 23, 2023
|
MLSM | $1,240,000 | 37.8% (22.5% / YR) | |
|
10/19/21
Oct 19, 2021
|
Sold | MLSM | $900,000 | -5.3% |
|
10/5/21
Oct 5, 2021
|
Pending | MLSM | $950,000 |
