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West Shore Crest

$1,100,000

539 NE 82nd Ter, Miami, FL 33138

Active
Last Updated: 04/03/2025

3,964 sqft

Building Size

1

Units

Details:
Building Size:    3,964 sqft
Units:    1
Year Built:    1936
Floors:    2
Parking Spots:    6
Gross Leaseable Area:    3,964
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Appraisal, Other Available Information, Rent Rolls
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Other, Wood
  • Construction Materials: CBS Construction
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!

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