734 NW 80th St - Apartments FOR SALE


Miami, FL 33150- West Little River
$3,600,000 USD
954-501-5020
734 NW 80th St, Miami, FL for Sale
$3,600,000 USD
Apartments - FOR SALE
1/15
null | 6.57% Cap Rate

734 NW 80th St
Miami, FL 33150
West Little River


HIGHLIGHTS

  • Renovated With Hurricane Impact Windows and Doors, Granite Countertops and Stainless Steel Appliances
  • Flat Concrete Roof
  • All Section 8 Tenants With Guaranteed Income

OVERVIEW

Marcus & Millichap is pleased to present Little River Flats, a well-maintained 16-unit multifamily property located at 734 NW 80th Street, Miami, Florida 33150. Built in 1962, the property consists of one two-story building totaling 8,880 square feet on a 0.32 acre lot. The unit mix features sixteen one-bedroom / one-bathroom apartments averaging 555 square feet each. The property has been well cared for, featuring hurricane impact windows and doors, wall-unit air conditioning, and a flat concrete roof. Each unit is separately metered for electric, allowing for reduced ownership expenses and ease of management. Strategically positioned in the Little River submarket of Miami, the property benefits from exceptional accessibility to major employment and lifestyle hubs such as Downtown Miami, Wynwood, the Miami Design District, and Miami Shores. The surrounding area has experienced significant investment and redevelopment, with a growing concentration of creative businesses, restaurants, and multifamily infill projects that continue to enhance the neighborhood’s appeal to renters. With stable in-place income and continued rental growth supported by the area’s transformation, Little River Flats represents an attractive opportunity for investors seeking a well-located, cash-flowing multifamily asset in one of Miami’s fastest-evolving submarkets.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$405 USD /SF

# OF UNITS

16

PRICE/UNIT

$225,000

CAP RATE

6.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little River Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

NCUAD/RU-2, County

APN/PARCEL ID

30-3111-006-0140,30-3111-006-0180

ASK ABOUT THIS PROPERTY

Daniel CunninghamMarcus & MillichapMore Info
954-501-5020

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Daniel CunninghamMarcus & MillichapMore Info
954-501-5020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.