539 82nd Ter ,Apartments for Sale

539 82nd Ter for Sale

Price $990,000.00

• Lot size 7575
• Year Build 1936
• Waterfront
• Zip 33138
• Style
• 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!

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

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,Latitude:25.8509543,List Price:990000,Listing Id:A11741637,Longitude:-80.1856348,Mls Status:Active With Contract,Year Built:1936,Postal Code:33138,Street Name:82nd Ter,Coordinates:1:25.8509543,Photos Count:20,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-02-09,Parcel Number:01-32-07-015-0120,Property Type:Commercial Sale,Stories Total:2,Street Number:539,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!,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:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Unparsed Address:539 NE 82nd Ter, Miami FL 33138,Listing Agreement:Exclusive Right To Sell,Building Area Total:3964,Building Area Units:Square Feet,Lot Size Square Feet:7575,Number Of Buildings:1,Original List Price:990000,Public Survey Range:32,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,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_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2025-02-09,Internet Address Display Y N:1,Number Of Units In Community:5,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,Internet Automated Valuation Display Y N:1,