Overview
- Updated On:
- March 26, 2025
- 6,591 ft2
Property Description
Proud to present a 10-unit multifamily property at 521 NE 82nd Terrace, Miami, featuring 8 spacious 1/1 units and 2 comfortable 2/1 units. Currently generating $221,378 in annual rental income with potential to increase to $243,600+, this property offers immediate cash flow and strong rental demand in a prime location. An excellent investment opportunity with room for growth.
Address: 521 NE 82nd Ter, Miami FL 33138
City: Miami
Area: SHERRY PARK
State/County: Miami-Dade County
Zip: 33138
Country: United States
Property Id: 5396604
Price: $ 2,450,000
Property Size: 6,591 ft2
ArchitecturalStyle: Attached
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 371.72
MIAMIRE_Style: Fourplex
MIAMIRE_TypeofAssociation: None
BuildingAreaUnits: Square Feet
MLSAreaMajor: Sherry Park
BuildingName: SHERRY PARK
MajorChangeType: New
MlsStatus: Active
CoListAgentDirectPhone: 305-401-7011
NumberOfUnitsInCommunity: 2
ConstructionMaterials: CBS Construction
ContractStatusChangeDate: 2025-03-11
Cooling: Wall/Window Unit(s)
OnMarketDate: 2025-03-11
DaysOnMarket: 15
OriginalListPrice: 2450000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
ParcelNumber: 01-32-07-054-0070
Flooring: Tile
ParkingTotal: 10
PhotosCount: 24
Possession: Funding
Heating: Window/Wall
PostalCodePlus4: 4083
PublicSurveyRange: 32
PublicSurveySection: 7
PublicSurveyTownship: 32
RentIncludes: Water
Roof: Other
ListAOR: A-Miami Association of REALTORS
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
Sewer: Public Sewer
ListingID: A11761528
ShowingContactType: Agent
LotFeatures: 1/4 To Less Than 1/2 Acre Lot
ShowingInstructions: Call Listing Agent
LotSizeUnits: Square Feet
SourceSystemKey: 408411305
MIAMIRE_AdjustedAreaSF: 5542
MIAMIRE_LPAmtSqFt: 371.719
StateOrProvince: FL
Stories: 2
StoriesTotal: 2
StreetDirPrefix: NE
StreetName: 82nd Ter
StreetNumber: 521
StreetNumberNumeric: 521
StructureType: Quadruplex,Fourplex
TaxAnnualAmount: 30605
TaxLegalDescription: SHERRY PARK PB 63-12 LOT 7 BLK 1 LOT SIZE 9000 SQUARE FEET OR 20298-0089 0302 2 (2)
TaxYear: 2024
YearBuilt: 1957
YearBuiltDetails: Effective Year Built
Zoning: 4600
Other Features
Has Cooling System
Has Heating System
There are no results found for this property address.
$ 15,961.45
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 12,388.53
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Christopher Lazaro
Global Real Estate & Lending Advisor
Member of: Miami Association of Realtors, Broward, Palm Beaches & St. Lucie Realtors®
