FL > Miami
Miami, FL 33138,539 NE 82nd Ter
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Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,100,000
Est. payment /mo
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Active Under Contract

539 NE 82nd Ter Miami, FL 33138

3,964 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,964 sqft

Price per Sqft $277

MLS Listing ID A11838739

HOA Y/N No

Year Built 1936

Annual Tax Amount $17,862

Contingent Pending Inspections

Lot Size 7,575 Sqft

Property Sub-Type Multi Family

Property Description

East Side Flats at 539 NE 82nd Terrace is a prime multifamily investment in Miami Shores. Built in 1936 with reinforced concrete, this well-maintained property features five units: one studio, one 1-bed/1-bath, and three 2-bed/1-bath units. Spanning 3,568 sq. ft. on a 0.17-acre lot, each unit offers a fully equipped kitchen, tiled floors, and wall A/C units. Residents enjoy a private backyard, ample parking, and a brand-new roof. Generating a 7%+ cap rate with potential to exceed 8%, this property offers strong cash flow. Situated off US-1, it provides easy access to Downtown Miami, airports, beaches, shopping, and dining. A rare investment opportunity in a high-demand rental market!

Location

State FL

County Miami-dade

Area 32

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Exterior

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 01-32-07-015-0120

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11838739

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc
agent

Alex Mendel

Agent

+1(561) 827-8449

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539 NE 82nd Ter

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