539 NE 82nd Ter, Miami FL 33138

$

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345 of 345 FOR SALE

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    Legal Description:

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

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    Year Built:

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    Zoning:

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

539 NE 82nd Ter, Miami FL 33138

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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FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
  • SqFt Total
  • Terms Considered
    All Cash

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