433 82nd St ,Free Standing, Income Non-waterfront for Sale & Rent

433 82nd St for Sale & Rent

Price $7,950,000.00

  • Lot size 37541
  • Year Build 1948
  • Waterfront
  • Zip 33138
  • Style
  • Parking Description Assigned
  • Pool Yes
  • Status Active With Contract
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Description

Multi family assemblage for sale in Miami! This nicely upgraded and stabilized property includes a total of 31 units generating over $535k in annual rental revenue. Upgrades include new kitchens with SS appliances, granite countertops, new flooring, and updated baths. Assume seller's loan with 3.73% interest rate! As a covered land play, this asset generates a sizeable income while planning for redevelopment near future Brightline commuter station. Currently zoned T6-8-O, build up to 130 residential units with commercial lining along 82nd St, and take advantage of it's Transit Oriented Designation. Conveniently located in Little River District, near Mimo District, El Portal, the Citadel & more! Includes 437 NE 82nd St and 460-500 NE 82nd Terr. - 4 folios in total.

Please do not disturb tenants or walk on-site without approval. Great covered land play!

7 53 42 PB 42-64 BLUE DOME BLK 1 LOT 6 LESS S5FT FOR 82 ST R/W AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 8656 SQ

City Location

Multi family assemblage for sale in Miami! This nicely upgraded and stabilized property includes a total of 31 units generating over $535k in annual rental revenue. Upgrades include new kitchens with SS appliances, granite countertops, new flooring, and updated baths. Assume seller's loan with 3.73% interest rate! As a covered land play, this asset generates a sizeable income while planning for redevelopment near future Brightline commuter station. Currently zoned T6-8-O, build up to 130 residential units with commercial lining along 82nd St, and take advantage of it's Transit Oriented Designation. Conveniently located in Little River District, near Mimo District, El Portal, the Citadel & more! Includes 437 NE 82nd St and 460-500 NE 82nd Terr. - 4 folios in total.

City:Miami,Roof:1:Other,2:Wood Joist Roof,Zoning:4600,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Flooring:1:Tile,2:Wood,Latitude:25.8503678,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,List Price:7950000,Listing Id:A11272618,Longitude:-80.1868527,Mls Status:Active With Contract,Ownership:Limited Partnership,Year Built:1948,Directions:From Biscayne Blvd, head to NE 82nd St, then turn west. Property on right hand side before end of block.,Inclusions:Building & Land,Fixtures, Equipment,Furniture/Fixtures,Leases,Postal Code:33138,Street Name:82nd St,Tenant Pays:1:Telephone,Contingency:No Contingencies,Coordinates:1:25.8503678,Photos Count:60,Building Name:assemblage,Business Type:1:Commercial/Residential Income,Days On Market:68,Lot Size Acres:0.86,Lot Size Units:Square Feet,On Market Date:2022-09-13,Parcel Number:01-32-07-023-0060,Parking Total:18,Property Type:Commercial Sale,Stories Total:2,Street Number:433,Public Remarks:Multi family assemblage for sale in Miami! This nicely upgraded and stabilized property includes a total of 31 units generating over $535k in annual rental revenue. Upgrades include new kitchens with SS appliances, granite countertops, new flooring, and updated baths. Assume seller's loan with 3.73% interest rate! As a covered land play, this asset generates a sizeable income while planning for redevelopment near future Brightline commuter station. Currently zoned T6-8-O, build up to 130 residential units with commercial lining along 82nd St, and take advantage of it's Transit Oriented Designation. Conveniently located in Little River District, near Mimo District, El Portal, the Citadel & more! Includes 437 NE 82nd St and 460-500 NE 82nd Terr. - 4 folios in total.,County Or Parish:Miami-Dade County,Expiration Date:2022-12-31,List Office Name:Urban Resource LLC,Private Remarks:Please do not disturb tenants or walk on-site without approval. Great covered land play!,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:4049,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:40498,Unparsed Address:433 NE 82nd St, Miami FL 33138,Building Features:1:Exterior Lighting,2:Laundry Facilities,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Detector(s),2:Security Fence,Year Built Details:Resale,Building Area Total:16351,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:37541,Number Of Buildings:3,Original List Price:7950000,Public Survey Range:32,Documents Available:1:Rent Rolls,2:Existing Survey,I D X Participation Y N:1,Net Operating Income:398423,Syndication Remarks:Multi family assemblage for sale in Miami! This nicely upgraded and stabilized property includes a total of 31 units generating over $535k in annual rental revenue. Upgrades include new kitchens with SS appliances, granite countertops, new flooring, and updated baths. Assume seller's loan with 3.73% interest rate! As a covered land play, this asset generates a sizeable income while planning for redevelopment near future Brightline commuter station. Currently zoned T6-8-O, build up to 130 residential units with commercial lining along 82nd St, and take advantage of it's Transit Oriented Designation. Conveniently located in Little River District, near Mimo District, El Portal, the Citadel & more! Includes 437 NE 82nd St and 460-500 NE 82nd Terr. - 4 folios in total.,Listing Contract Date:2022-09-13,Originating System I D:miamire,Showing Instructions:Appointment Only,Pet On Premises,Showing Assist,Street Number Numeric:433,Tax Legal Description:7 53 42 PB 42-64 BLUE DOME BLK 1 LOT 6 LESS S5FT FOR 82 ST R/W AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 8656 SQ,Public Survey Township:32,Construction Materials:1:Other,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2022-12-14,Distance To Freeway Numeric:1,Internet Address Display Y N:1,Number Of Units In Community:31,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $7,950,000.00
  • Price Change: 2022-09-13
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1948
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction CBS Construction, Other
  • Parking Description Assigned
  • Flooring Type Other, Tile, Wood
  • Property Type Commercial Sale
  • Status Active With Contract
  • Listed 2022-09-13
  • Days on Market 147
  • Furnished
  • City Miami
  • Zip 33138
  • State Florida
  • Subdivision
  • Development Name Assemblage
  • HOA Fees
  • Taxes 40498
  • Taxes Year 2021