$1,100,000

539 NE 82nd Ter, Miami, FL 33138

  • 3,964 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $277/sqft
  • Property List Date Icon Listed 3 months ago

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!

Listing Status:
Active
Date Added:
February 9, 2025 at 06:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Elior Levi : 954-743-7594
MLS ID:
A11741637
  • General: 2

This listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc

Location

Schools Nearby

P

Phyllis R. Miller Elementary School

840 NE 87th St, Miami, FL, 33138

Grades PK-5

0.41 miles away

H

Horace Mann Middle School

8950 NW 2nd Ave, El Portal, FL, 33150

Grades 6-8

1.12 miles away

D

Dr. Marvin Dunn Academy for Community Education.

8950 NW 2nd Ave, El Portal, FL, 33150

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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