Basic Information

  • MLS # A11838739
  • Type Multi Family
  • Status Active
  • Year Built 1936
  • Total Sqft 7,575
  • Date Listed 07/13/2025
  • Days on Market 2
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!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 7,575Sq.Ft
  • Cooling Description Wall Window Units
  • Heating Description Window Unit, Wall Furnace
  • Sqft 7,575 Sq.Ft

Property Features

  • Address 539 NE 82nd Ter
  • Aprox. Lot Size 7,575
  • City Miami
  • County Miami- Dade
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Possession Closing And Funding
  • Postal City Miami
  • Sewer Description Public Sewer
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $17,862
  • Tax Legal desc W E S T S H O R E C R E S T S U B P B10-67 L O T13& W28 F T L O T14 B L K1 L O T S I Z E7575 S Q U A R E F E E T O R17393-005710961
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public

539 NE 82nd Ter

Miami, FL 33138

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 954-743-7594

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