For Sale
539 82nd Ter, Miami, Florida 33138
$1,100,000
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!
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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: A11741637
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Price: $1,100,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1936
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Status: Active
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Original Property Type: Commercial Sale
Features
Location
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Country US
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State FL
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County Miami-Dade
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City Miami
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Zipcode 33138
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Neighborhood: Miami
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Street: 82nd Ter
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Street Number: 539
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Floor Number: 0
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Longitude: W81° 48' 51.7''
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Latitude: N25° 51' 3.6''
Additional Info
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Stories: 2
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11741637
