Average square foot calculated using Size range provided by listing agent.
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!Show Description
MLS® NumberA11838655
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1936
Basement
Driveway
Garage Spaces
HeatWindow/Wall
A/CWall/Window Unit(s)
Heating Fuel
Extras
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