$1,100,000
$110K PRICE INCREASE

539 NE 82nd Terrace Miami, FL 33138

El Portal Neighborhood

Estimated payment $7,617/month

Total Views 203
-- Bed
-- Bath
3,964 Sq Ft
$277 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Mounted To A Wall or Window
  • Phyllis R. Miller Elementary School Rated 9+
  • Cooling System Mounted To A Wall/Window

About This Home

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!

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Co-Listing Agent

Mark Weinschneider

London Foster Realty License #3247231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,862

Year Built

  • Built in 1936

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,964 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • West Shore Crest Condos
  • West Shore Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-015-0120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,862

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: LNFS01
  • Co List Office Phone: 305-514-0100
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: WEST SHORE CREST
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other, Wood
  • Living Area: 3964
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST SHORE CREST
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-07-015-0120
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Other Rent Incl, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17862

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $1,100,000 0.0% $277 / Sq Ft
04/03/2025 04/03/25 For Sale $1,100,000 +11.1% $277 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $990,000 -- $250 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11741634

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33138 El Portal

539 NE 82nd Terrace, Miami, FL

Homes for Sale in Miami, FL

This home is located at 539 NE 82nd Terrace, Miami, FL 33138 and is currently priced at $1,100,000, approximately $277 per square foot. This property was built in 1936. 539 NE 82nd Terrace is a home located in Miami-Dade County with nearby schools including Phyllis R. Miller Elementary School, Horace Mann Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Elior Levi
Listing Agent
Elior Levi
Section Image
Fausto Commercial Realty Consultants Inc
(786) 705-2850