648 NE 80th St
Rare Shorecrest 12-Unit Multifamily Asset
Marketing description
THE ALPHA COMMERCIAL ADVISORS® PRESENTS AN ATTRACTIVE 12-UNIT MULTI-FAMILY ASSET IN PREMIUM LITTLE RIVER LOCATION BUILT FOR PERFORMANCE.
Offering a well-balanced mix of unit layouts and reliable in-place income, the property delivers dependable performance with additional upside through continued value-add execution. Benefitting from years of thoughtful maintenance, the secure, gated premises displays meaningful capital improvements including impact windows and doors, newer mini-split air conditioning systems, incrementally updated interiors, private on-site parking, and a polished overall curb appeal — reducing near-term capital expenditure needs and strengthening both short and long-term tenant appeal.
The property is ideally located – sharing a block with the Biscayne Boulevard and NE 79th Street intersection with unmatched connectivity to retail, dining, public transportation and neighborhood amenities while maintaining the residential feel of Eastern-abutting Shorecrest. With continued development momentum throughout Little River, this is a fleeting opportunity to acquire a core-plus asset with long-term stability and measurable upside in a market that rarely turns over similar assets.
Investment highlights
Stabilized 12-Unit Multifamily Asset: Income-producing property offering reliable cash flow with light value-add upside through continued operational optimization.
Fully Gated & Parked: Secure, gated asset providing enhanced privacy and safety for tenants, complemented by private on-site parking.
Aesthetic & Well-Maintained: Updated units, impact windows and doors, roof in good condition, and newer mini-split A/C systems reduce near-term capital needs.
Prime Little River Location: Situated adjacent the Biscayne Boulevard and NE 79th Street intersection with walkable access to retail, dining, public transportation and major employment centers.
Core-Plus Investment Profile: Well-positioned for investors seeking long-term durability with incremental upside in one of Miami’s most active peripheral submarkets experiencing a storied wave of re-development.
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