$980,500
Miami, FL 33138
MLS# B26067450
2067 sqft
1 / 4
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Date: 2026-08-19
Status: Active
Original List Price: 1000500
List Price: $980,500
Current Price: $980,500
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipality Type: Incorporated
Municipal Code: 01
Postal Zip: 33138
Geographic Area: DADE
Subdivision Number: 16
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 655
Street Direction Prefix: NE
Street Name: 80TH
Street Suffix: Street
State Or Province: FL
Postal Code: 33138
Postal Code +4: 4610
Subdivision Name: SHORECREST
Area: 2310
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 0132070162010
Zoning: 4600
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 2011
Living Area Main: 2011
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 4
Lot Size Area: 5720
Senior Community YN: No
Stories Total: 1
Stories: 1
Pool Private YN: No
LP/Assessed Value: 1.37
Property Sub Type: Triplex
Building Area Main: 2067
Building Area Source: Public Records
Year Built: 1935
Lot Size Acres: 0.13
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 717002
Assessor Market Value: 794207
Tax Annual Amount: 13979
Tax Year: 2025
Tax Legal Description: SHORE CREST PB 10-23 LOT 23 BLK 10 LOT SIZE 55.000 X 104 OR 14637-1789 0690 5
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Other: 1
Flooring
Ceramic Tile: 1
Other: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Other Area Details
Living Area Other Structures: 873
Building Area Other Structures: 885
Adjusted Area Other Structures: 0
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Not Available: 1
Heating
Central: 1
Separate Meters: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
East of US-1: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6300
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Unit 1 Appliances
Range: 1
Unit 1 Details
Actual Rent: 2500
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 800
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-31
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Other: 1
Unit 1 Rooms
Family Room: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1400
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-31
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Other: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Details
Actual Rent: 2400
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 0
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-31
Unit 3 Parking Features
Other: 1
Price Calculations
Current Price To SqFt: 497.51
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-09-08T01:31:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-08T01:31:13Z
Status Change Date: 2026-08-22
Originating Details
Originating System Key: 20260820001905662858000000
Originating System ID: M00000170
Property Features
Documents Available: None
Exterior Features: Other
Flooring: Ceramic Tile; Other
Leasing Permitted Details: Okay To Lease
Property Condition: Updated/Remodeled
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: East of US-1
Roof: Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Not Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Unit 1 Appliances: Range
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Other
Unit 1 Rooms: Family Room
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Other
Unit 2 Rooms: Kitchen
Unit 3 Parking Features: Other
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
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 Office: Sole International Realty
Last Updated: September - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
