539 NE 82nd Ter, Miami, FL 33138
- 3,964 sqft
Multi-Family Home
Built in 1936
7,405sqft lot
—— car garage
$277/sqft
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
Phyllis R. Miller Elementary School
840 NE 87th St, Miami, FL, 33138
Grades PK-5
0.41 miles away
Horace Mann Middle School
8950 NW 2nd Ave, El Portal, FL, 33150
Grades 6-8
1.12 miles away
Dr. Marvin Dunn Academy for Community Education.
8950 NW 2nd Ave, El Portal, FL, 33150
Grades 9-12
1.07 miles away