Price Check
How this price compares
- Asking price
- $875,000
- Price per sq ft
- N/A
- Original price
- $950,000
- Days on market
- 351
This commercial property in ZIP 33138 went under contract with an asking price of $875,000. The asking price has come down 7.9% from its original $950,000. It spent 351 days on the market before going under contract.
Estimated monthly payment
$4,599 /mo
Principal and interest only, based on $175,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $875,000
- Days on Site
- 351 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 1,873 sqft
- Lot Size
- 0.19 Acres
- Year Built
- 1948
- Property Type
- Commercial
- MLS #
- A11828527
- Property Tax
- $9,027
- County
- Miami Dade
- Status
- Under Contract
About This Property
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1948
- Lot Size (Acres)
- 0.19
- Total Sq Ft
- 1,873
- Zoning
- 6101 T5-0
Exterior Features
- Construction
- Block
- Roof
- Other
Community & HOA
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 47 NE 80th Terrace, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 47 NE 80th Terrace, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 47 NE 80th Terrace, Miami, FL 33138 still available?
- 47 NE 80th Terrace, Miami, FL 33138 is currently listed as Under Contract, and has been on the market 351 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 47 NE 80th Terrace, Miami, FL 33138?
- With 20% down ($175,000) on the $875,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 47 NE 80th Terrace, Miami, FL 33138 is about $4,599/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 47 NE 80th Terrace, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 47 NE 80th Terrace, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 47 NE 80th Terrace, Miami, FL 33138?
- Often, yes. The right offer on 47 NE 80th Terrace, Miami, FL 33138 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$875,000
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Listed by Sheree Saint Victor, Compass Florida, LLC
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Recent Sales
Recently sold homes in ZIP 33138
These are the last 6 recorded closings in ZIP 33138, with the price each home actually sold for rather than what it was listed at. They closed at a median of $675 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,400,000
Sold · October 13, 2026
1010 NE 105th Street
2 bed · 2 bath · 1,821 sqft · $769/sqft
$400,000 under the asking price
Sold$285,000
Sold · October 12, 2026
680 NE 64th Street A110
1 bed · 1 bath · 741 sqft · $385/sqft
$14,500 under the asking price
Sold$665,000
Sold · October 9, 2026
430 NE 75th Street
0 bed · 0 bath · 2,273 sqft · $293/sqft
$134,000 under the asking price
Sold$1,099,000
Sold · October 9, 2026
10650 NE 11th Court
3 bed · 2 bath · 1,629 sqft · $675/sqft
Sold$740,000
Sold · October 7, 2026
7640 NE 3rd Place
0 bed · 0 bath
$59,500 under the asking price
Sold$4,080,000
Sold · October 5, 2026
1001 NE 96th Street
5 bed · 4 bath · 3,955 sqft · $1,032/sqft
$319,000 under the asking price
See every recorded sale in ZIP 33138 or find out what your ZIP 33138 home is worth.
