$990,000

539 NE 82nd Ter Miami, FL 33138

$10,000
Closing credit¹
3,964 sqft
$250 / sqft
Multi-Family

Property details

About 539 NE 82nd Ter

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!

Highlights

Home typeQuadruplex
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWall/Window Unit(s)
Size3,964 sqft
Year built1936
MLS #A11741634

Virtual tour

Summary

  • MLS Number: A11741634
  • MLS Name: SEFMIAMI
  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (954) 743-7594
  • Office Email: cfm@faustocommercial.com
  • Listing Agent: Elior Levi

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$990,000

539 NE 82nd Ter

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$864,501$17,771
2022$713,035$9,967
2021$537,804$9,967
2020$446,700$8,631
2018$256,580$6,362
2017$331,483$5,628

History based on county public records data.

Nearby schools

9

Phyllis R. Miller Elementary School

Public Magnet PK-5

0.4 mi

840 NE 87th St

7

Morningside K-8 Academy

Public Magnet PK-5

1.0 mi

6620 NE 5th Ave

4

Jesse J. McCrary, Jr. Elementary School

Public District PK-5

1.3 mi

514 NW 77th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,899. The majority of Miami, FL residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

73%
<35k
26%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

71%
Single, No Kids
13%
Single, with Kids
12%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
22%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 539 NE 82nd Ter in Miami, FL and zip code 33138 in the North Bayfront neighborhood. This 3,964 square foot home was built in 1936. Features: 0 bathroom. It has been listed on Rocket Homes since February 9, 2025 and is currently priced at $990,000.

In February 2025, from all listings sold in Miami, FL there were more than 29 sold above asking price, over 420 sold below and more than 87 were sold right at the asked price. The number of listings in Miami, FL increased by 13.9% between January and February 2025. While the average time on the market in February 2025 was 74 days, the median list price was $577,686.

From Rocket Homes Real Estate and based on county public records data.

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