800 NE 85th St Miami FL 33138 - Quadruplex Residential Income

Four-unit legal quadruplex in Miami's Upper East Side with multi-family zoning for future growth and flexible rental options.
$1,500,000

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Florida Local Time --:--
MLS #A11648020
Listing Updated: 2026-07-10 18:40:30
Listed By: Keller Williams Capital Realty

Overview

This residential income property at 800 NE 85th St in Miami offers a versatile investment opportunity with a legal quadruplex layout. Built in 1961, the building features one two-bedroom, one-bath unit and three one-bedroom, one-bath units, each including living and dining areas and walk-in closets. Located in the desirable Upper East Side neighborhood just one block east of Biscayne Boulevard, the property benefits from a zoning classification that allows for multi-family buildings of five or more stories, presenting potential for future development. Additionally, there is space on the south end of the property for a swimming pool, enhancing its appeal. Currently, two units are vacant, giving the new owner flexibility to choose between short-term or long-term rental strategies.

Property Highlights

Legal four-unit building with 2-bed and 1-bed units, located in Upper East Side Miami. Zoned for multi-family 5+ stories. Room for pool. Flexible rental options.

Property Details

City: Miami
State: FL
Zip Code: 33138
Address: 800 NE 85th St, Miami FL 33138
Year Built: 1961
Property Type: Residential Income
Property Sub Type: Quadruplex
Listing Office Name: Keller Williams Capital Realty
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features: Barbeque, Exterior Lights, Room For Pool
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $13,851
Days On Market: 657 Days
Buy an opportunity for FUTURE GROWTH! LOOK AT ZONING on Miami-Dade tax records! Primary Zoned 4600 Multi-family 5+stories!!! Current used as four-unit building in desirable Upper East Side neighborhood, just 1 blk east of Bisc Blvd. This building offers flexible floor plan, with ONE 2-bed/1-bath unit and THREE 1-bedroom/1-bathroom units, each with living room/dining room + walk-in closet and two full bedrooms - one with side exit/entrance. Currently two units are vacant, we are giving the opportunity to the new buyer to decide if they would prefer these property as a short time rental or long time rental period. All four units are LEGAL! There is room on south end of property for swimming pool. Property is valued based on current use PLUS building multiple stories. Great because of zone!

Property Location

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800 NE 85th St, Miami FL 33138

About This Neighborhood

Situated in Miami's Upper East Side, this property benefits from a vibrant and accessible neighborhood. The area is known for its proximity to Biscayne Boulevard, offering residents convenient access to shops, dining, and entertainment options. The neighborhood combines residential charm with urban amenities, making it attractive for renters and homeowners alike. Its location supports a comfortable lifestyle with easy connections to key Miami destinations.

Walkability & Lifestyle

This property enjoys a walkable location near Biscayne Boulevard, where residents can access restaurants, cafes, shops, and entertainment venues. The neighborhood's pedestrian-friendly streets encourage outdoor activities and easy daily errands. Close proximity to waterfront areas and parks adds to the lifestyle appeal, offering opportunities for relaxation and recreation within walking distance.

Things To Do Nearby

Residents in this area can enjoy a variety of activities including dining at local restaurants, visiting nearby parks, and exploring waterfront attractions. The Upper East Side's location near Biscayne Boulevard provides access to cultural events, nightlife, and recreational facilities. Outdoor enthusiasts can take advantage of nearby marinas and beaches for boating and water sports.

Nearby Schools

The Upper East Side neighborhood provides access to several educational institutions within a reasonable distance. Families and tenants benefit from convenient school options, supporting a community-oriented living environment. Proximity to schools enhances the property's appeal for renters seeking quality education opportunities nearby.

Why Buyers Like This Area

Buyers appreciate this property for its combination of legal multi-unit configuration, flexible zoning, and prime location. The Upper East Side offers a balanced urban lifestyle with convenient access to Miami’s key corridors. The potential for future development alongside current rental income opportunities makes it attractive to a range of buyers including investors and those seeking multi-family residences.

Investment Potential

This Miami quadruplex presents a unique opportunity for buyers interested in a property with future growth potential. Zoned for multi-family buildings of five or more stories, it allows for expansion or redevelopment possibilities. The current use as a four-unit residential income property offers flexibility for rental strategies, whether short-term or long-term. Its location in the Upper East Side neighborhood, near Biscayne Boulevard, adds to its appeal for tenants and investors looking for a well-positioned asset in Miami.

Rental Income Potential

With four legal rental units, this property offers multiple income streams. The mix of one two-bedroom and three one-bedroom units caters to a range of tenant preferences. Located in a desirable neighborhood, the property attracts both long-term residents and seasonal renters. The option to utilize the vacant units for short-term or long-term rentals provides adaptability to market conditions and tenant demand.
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