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734 NW 80th St
Miami, FL 33150
Little River Flats · Multifamily Property For Sale · 16 Units

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price Per Unit $311,513 CAD
Sale Type Investment
Cap Rate 6.57%
Gross Rent Multiplier 9.94
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 8,880 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2021
Parking Ratio 2.03/1,000 SF
Opportunity Zone Yes
Zoning NCUAD/RU-2, County

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Microwave
  • Heating
  • Security System
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities
  • Gated
  • Maintenance on site
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 - 550

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-3111-006-0180
  • 30-3111-006-0140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,231,240 CAD
  • Listing ID: 38262714

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 734 NW 80th St, Miami, FL 33150

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