$1,100,000
82nd Ter

539 NE 82nd Ter, Miami FL 33138

Beds

Baths

SQFT 0

Garage

89 Years Built

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Home Details

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!

Other Interior Features

Heating
Window/Wall
Appliances
Living Area - SqFt
3964
Inside
Total - SqFt
0

General

MLS#
A11741634
Architectural Style
Detached
Bathroom Features
Living Area - SqFt
3964
Construction Materials
CBS Construction
Window Features
Total - SqFt
0

Neighbourhood

MIAMI SHORES SEC 1 AMD
ROSE LAWN PK A SUB
THE TOWERS OF QUAYSIDE

Location

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!

Schedule Visit

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