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433 NE 82nd St, Miami FL 33138

Commercial Sale

433 82nd St

Miami, FL 33138

ML#:A11272618
List Price:$7,950,000
Status:Closed
Days on Market:66
Listing Brkr:Urban Resource LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.86 acres
Year Built:1948
Stories:2

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33138
Subdivision:
Latitude:25.850368
Longitude:-80.186853

Additional Features

Flooring:Other, Tile, Wood
Heating:Wall/Window Units
Cooling:Wall/Window Unit(s)
Construction:CBS Construction, Other
Waterfront:No
Security:Smoke Alarm, Smoke Detector(s), Security Fence

Financial Information

Annual Taxes (2021):$40,498
Days on Market:66

Remarks

Multi family assemblage for sale in Miami! This nicely upgraded and stabilized property includes a total of 31 units generating over $535k in annual rental revenue. Upgrades include new kitchens with SS appliances, granite countertops, new flooring, and updated baths. Assume seller's loan with 3.73% interest rate! As a covered land play, this asset generates a sizeable income while planning for redevelopment near future Brightline commuter station. Currently zoned T6-8-O, build up to 130 residential units with commercial lining along 82nd St, and take advantage of it's Transit Oriented Designation. Conveniently located in Little River District, near Mimo District, El Portal, the Citadel & more! Includes 437 NE 82nd St and 460-500 NE 82nd Terr. - 4 folios in total.

Listing Agent

Laura Veitia

Urban Resource LLC

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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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