539 82nd Ter ,Detached, Quadruplex, West Shore Crest for Sale

539 82nd Ter for Sale

Price $990,000.00

• Lot size 3964
• Year Build 1936
• Waterfront
• Zip 33138
• Style Detached
• Parking Description
• Pool Yes
• Status Active With Contract

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!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

WEST SHORE CREST SUB PB 10-67 LOT 13 & W28FT LOT 14 BLK 1 LOT SIZE 7575 SQUARE FEET OR 17393-0057 1096 1

Less Than 1/4 Acre Lot

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!

City:Miami,Zoning:4600,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Flooring:1:Wood,Latitude:25.8509543,Cooling Y N:1,Heating Y N:1,List Price:990000,Listing Id:A11741634,Longitude:-80.1856348,Mls Status:Active With Contract,Year Built:1936,Living Area:3964,Postal Code:33138,Street Name:82nd Ter,Coordinates:1:25.8509543,Photos Count:20,Building Name:WEST SHORE CREST,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:West Shore Crest,On Market Date:2025-02-09,Parcel Number:01-32-07-015-0120,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Gardener,2:Other Rent Incl,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:539,M I A M I R E_ Style:Fourplex,Public Remarks: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!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4075,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:WEST SHORE CREST,Tax Annual Amount:17862,Unparsed Address:539 NE 82nd Ter, Miami FL 33138,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3964,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:249.7477,Original List Price:990000,Public Survey Range:32,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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 Contract Date:2025-02-09,Originating System I D:miamire,Public Survey Section:7,Showing Instructions:Call Listing Agent,Street Number Numeric:539,Tax Legal Description:WEST SHORE CREST SUB PB 10-67 LOT 13 & W28FT LOT 14 BLK 1 LOT SIZE 7575 SQUARE FEET OR 17393-0057 1096 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3568,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2025-02-09,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:249.75,Internet Automated Valuation Display Y N:1,