For sale


Property ID

4,763 SqFt



Shore Crest is a 8-unit, multifamily community located in Miami, FL, which is in Miami-Dade County.​

The subject property is a one-story building built in 1960 using reinforced concrete block construction with painted stucco exterior.​

The property is located at 1051 NE 80th St, north of NE 76th St, and between Biscayne Blvd and Abbott Ave, main traffic arteries traveling north-south through Miami-Dade County.​

The property is just a few minutes drive down NE 76th from access to the world famous Miami beaches.​

The immediate neighborhood consists of primarily multi-family buildings of similar age and construction as the subject property.​

The investment opportunity consists of a highly attractive unit mix of (8) one-bedroom & one-bathroom apartments, totaling approximately 4,760 RSF.​

All units are recently completely renovated.​

Shore Crest offers an investor the opportunity to purchase a stabilized, irreplaceable investment property in one of the strongest rental markets in Miami-Dade County, where vacancies are virtually non-existent.

This investment provides great cash flow day one of acquisition and the opportunity to increase rents by 20%+.​


  • Turnkey opportunity to raise rents as much as 20%+
  • Proforma Gross Potential Rent: $158,400
  • Easy access to Aventura, Bal Harbour, Miami Beach, Wynwood, Bayside, and Miami International Airport
  • Updated units. New hurricane impact windows, plumbing & Electrical panels
  • Historically 100% occupied
  • Minimal Operating Expenses and Landlord Responsibilities

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Address: 1051 NE 80th St, Miami, FL 33138
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 3537
  • Price $1,792,000
  • Property Type Multifamily
  • Property status For sale
  • Year Built 1952
  • Size 4,763 SqFt
  • Units 8
  • Cap Rate 5.30%
  • Lot Area 0.29(acres)
  • Price Per Sqft $376.23
  • Investment Type Value Add
  • Class C
  • Occupancy 100%
  • NOI $94,950
  • Buildings 1
  • Stories 1
  • Price/Unit $224,000


Cynthia Hill

Property Agent
+1 305-967-7200
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