539 NE 82nd Ter

$1,100,000

539 NE 82nd Ter, Miami, FL 33138

For Sale

Multifamily

Active

Last Updated: 04/03/2025

Details:

Building Size: 3,964 sqft

Units: 5

Year Built: 1936

Floors: 2

Offered by Realtor

Elior Levi

Fausto Commercial Realty Consultants Inc

#3574869

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Mark Weinschneider

Beachfront Realty Inc

#3247231

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Highlights:

Number Of Buildings: 1

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!