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+10 photosLuxury home — 640 NE 80th Street · Shorecrest · Miami
$4,895,000
640 NE 80th Street, Miami, FL 33138
Miami, FL, 33138
— bd · — ba · — sqft
Listed by Finka Realty Group, LLC
640 NE 80th Street, Miami, FL 33138
Listed by Finka Realty Group, LLC
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesA unique opportunity for large developers to acquire a strategic, continuous multi-parcel assemblage at 622, 630 and 640 NE 80th Street (Three folios), situated in Miami’s highly desirable Upper Eastside / Shorecrest corridor. Positioned just steps off Biscayne Boulevard and minutes from the booming Little River Innovation District, this continuous three-lot property offers high residential density, exceptional zoning parameters, and turnkey project viability in one of Miami’s most rapidly appreciating infill markets.Investment & Development OverviewDevelopment Rights: By right up to 63 residential units by right, providing high yield for multi-family rentals, boutique condominium communities, or mixed-use designs.Parking Capacity: Up to 90 parking spaces (~1.43 spaces per unit), fulfilling transit requirements and offering a major competitive advantage for future residents in an urban location.Strategic Positioning: Located just east of Biscayne Boulevard and one block from NE 79th Street—a major east-west commercial artery connecting mainland Miami directly to the beaches.The Buyer and the Buyer's Agent are solely responsible for verifying and confirming all legal, zoning, land use, and development matters related to the Property. OWNER FINANCING AVAILABLE.
Property Details
Your costs (est.)
640 NE 80th Street, Miami, FL 33138 · Miami
Location
640 NE 80th Street, Miami, FL 33138
What buyers ask about this home
What are the estimated monthly carrying costs at 640 NE 80th Street, Miami, FL 33138?+
Property tax (after sale): $5,788/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 640 NE 80th Street, Miami, FL 33138?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 640 NE 80th Street, Miami, FL 33138 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 640 NE 80th Street, Miami, FL 33138?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 640 NE 80th Street, Miami, FL 33138?+
This listing has been on the market 53 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Jesse J. Mccrary Jr. Elementary School
Elementary · 1.4 mi from this home · 514 Nw 77Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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