For Sale
$2,900,000

0 82Nd TerMiami, FL 33138

Ten-unit apartment building, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 10-unit apartment building, located at 52 NE 82nd Terrace in Miami, Florida (zip code 33138), presents a compelling investment opportunity. Currently a two-story Class C multifamily property, it offers significant potential for redevelopment. The building comprises ten units, a mix of one-bedroom/one-bathroom and two-bedroom/one-bathroom apartments, generating substantial cash flow. Situated in Miami's Upper East Side North area, this property benefits from a highly desirable location. The asking price is $2,900,000. The existing structure provides a solid foundation for immediate income generation, while zoning regulations allow for redevelopment up to five stories, unlocking significant future value appreciation. This presents a unique chance to capitalize on both current cash flow and substantial long-term growth potential in a thriving Miami neighborhood. The property's strong location and redevelopment potential make it an attractive investment for both seasoned and emerging real estate investors seeking a high-return opportunity in the dynamic Miami market. Detailed financial information and zoning details are available upon request.

Property Details for 0 82Nd Ter

Property type
Apartment buildings
Class
C
Units
10

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8508221
Longitude
-80.1857838
82Nd Ter, Miami, Florida

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0 82Nd Ter
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