Multifamily in Miami, FL 33138
West Shore Crest, 539 NE 82nd Ter

3,964
SqFt
Status
OFF MARKETExpired
Size
3,964 SqFt (368 m2)
Price
$277/SqFt ($2,987/m2)
Type
Multifamily
Built
1936
MLS Number
A11741634
On Site
583 Days
Updated
431 Days ago
Page Views
0
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

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Hardwood,Other,Wood
        • Year Built: 1936
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-02-09T01:26:31.000-00:00
          Taxes, Fees & More
          • Taxes: 17862

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          Price History

          Current
          $1.1M
          High
          $1.1M
          Low
          $990K
          Total Change
          11.1%
          $1.1M$1M$977KFeb 25Apr 25
          Date
          Event
          Price
          Change
          Price Per
          04/02/2025
          Price Increased
          $1.1M
          11.11%
          $277 ft2
          $2,987 m2
          02/08/2025
          Listed
          $990K
           
          $250 ft2
          $2,688 m2
          04/02/2025
          $1.1M
          Event
          Price Increased
          Change
          11.11%
          Price Per
          $277 ft2
          $2,987 m2
          02/08/2025
          $990K
          Event
          Listed
          Price Per
          $250 ft2
          $2,688 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          90

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          52

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          58

          100
          Community Snapshot
          3,964 - 3,964
          SqFt Range
          1936
          Year Build

          Subdivision Amenities

          Laundry
          Maintenance

          Miami
          Entry-Level
          Entry-Level Homes & Condos

          Shorecrest Communities in Miami, FL