539 NE 82nd Ter, Miami FL 33138

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!

This quadruplex home located at 539 NE 82nd Ter, Miami FL 33138 is currently for sale and has been available on Brickellsold for 39 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 3964 square feet. It was built in 1936. 539 NE 82nd Ter, Miami FL 33138 is in Miami county Miami-Dade County.