About this home
Discover a unique investment opportunity featuring two separate buildings on one lot with three established tenants, offering immediate rental income and multiple possibilities for the future. The property is T5-R zoned, providing significant redevelopment potential. Under Miami's T5 zoning framework, T5 permits up to five stories, subject to applicable zoning requirements, site conditions, approvals, and development regulations. Whether you're an investor looking for income, an owner-occupant seeking to offset your expenses with rental income, or a developer looking for future upside, this property offers an attractive combination of current cash flow, flexibility, and long-term development potential. A rare opportunity to acquire a well-maintained income-producing property today while preserving the potential for significant value creation in the future.
Listing last checked: Listing updated:
Listed by Claudel J Samson · Sole International Realty · MLS #B26067450
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Details at a glance
Interior3 property facts
- Heating
- Central, Separate Meters
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Other
Building4 property facts
- Style
- Triplex
- Year built
- 1935
- Parking
- 4
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 4600
Financial2 property facts
- Annual taxes
- $13,979
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $980,500 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,123 / monthAdjust
- Principal & interest
- $4,958
- Property tax
- $1,165
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,979. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$500,000 · Sold $450,000 · Feb 1, 2022
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About 655 NE 80TH Street
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