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268 NE 80th Terrace, Miami, FL 33138 (MLS# A11051761)

268 NE 80th Terrace, Miami, FL 33138

$900,000
Property Type: Residential Income Square Footage: 2,326 Status: Closed
Current Price: $900,000 List Date: 6/03/2021 Last Modified: 8/11/2026

Overview

Description

LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 and an opportunity to increase rents.

Listing Details MLS# A11051761

General Property Information

Property Sub Type
Triplex
Building Area Main
2326
Living Area Main
2326
Adjusted Area Main
1726
Year Built
1925
Parking Total
6
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit Held; Investment Analysis Flooring: Tile Property Condition: Resale Construction Materials: Block; Frame; Stucco Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Flat; Tile Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
999000
Owner Phone
3053361843

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
268
Street Direction Prefix
NE
Street Name
80th
Street Suffix
Terrace
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33138
Postal Code +4
4417
Postal Zip
33138
Subdivision Name
FRANKLIN PARK
Area
2320
Parcel Number
0132070290160
Subdivision Number
29
Zoning
6100
Flood Zone
X

Financial Information

Tax Annual Amount
7279
Tax Year
2020
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

Status Change Information

Major Change Timestamp
2021-11-19T18:29:09Z
Major Change Type
Status Change
Price Change Timestamp
2021-08-18T17:24:28Z
Status Change Date
2022-01-06
Under Contract Date
2021-10-05
Close Date
2021-11-19
Close Price
900000
Buyer Financing
Cash

More Information

Buyer Details

Country of Origin
Argentina
Intended Use
Investment

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
386.93

Section Details

Parcel Number MLX
0160

Originating Details

Originating System Key
359422418
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Tile
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Last Months Rent
Yes
Deposit Held
Yes
Investment Analysis
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes
Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes
Tile
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Contingencies

None
Yes
IDX
Listing Office: Sigma Real Estate & Investment
Last Updated: August - 11 - 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.

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