About 539 Ne 82nd Terrace
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!
Features of 539 Ne 82nd Terrace
| MLS® # | A11838655 |
|---|---|
| USD | $1,100,000 |
| CAD | $1,524,545 |
| CNY | 元7,379,130 |
| EUR | €947,980 |
| GBP | £813,068 |
| RUB | ₽92,568,190 |
| Last Listing Price | $1,100,000 |
| Year Built | 1936 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 539 Ne 82nd Terrace |
|---|---|
| Area | 2320 |
| Subdivision | WEST SHORE CREST |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33138 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Window/Wall, Separate Meters |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 2 |
Exterior
| Roof | Shingle |
|---|---|
| Construction | CBS |
Additional Information
| Date Closed | October 9th, 2025 |
|---|---|
| Date Listed | July 13th, 2025 |
| Days on Market | 426 |
| Zoning | 4600 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0132070150120 |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|