Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
Miami, FL 33138,539 NE 82nd Ter
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$ 990,000
Est. payment | /mo

3,964 SqFt


$ 990,000
Est. payment | /mo

3,964 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,964 sqft

Price per Sqft $249

Subdivision West Shore Crest

MLS Listing ID A11741634

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1936

Annual Tax Amount $17,862

Tax Year 2024

Contingent Pending Inspections

Property Sub-Type Quadruplex

Property 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!

Location

State FL

County Miami-dade

Community West Shore Crest

Area 32

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Hardwood, Other, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 01-32-07-015-0120

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11741634

Listed by Fausto Commercial Realty Consultants Inc
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539 NE 82nd Ter