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!
For sale
Price increase: $110K (4/3)
$1,100,000
539 NE 82nd Ter, Miami, FL 33138
8beds
5baths
3,964sqft
Est.:
Quadruplex
Built in 1936
-- sqft lot
$1,069,400 Zestimate®
$277/sqft
$-- HOA
What's special
- 101 days
- on Zillow |
- 482 |
- 54 |
Zillow last checked: 8 hours ago
Listing updated: May 19, 2025 at 10:31am
Listed by:
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc,
Mark Weinschneider 305-450-7017,
London Foster Realty
Source: MIAMI,MLS#: A11741634
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Other, Wood
Interior area
- Total structure area: 3,964
- Total interior livable area: 3,964 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0132070150120
- Zoning: 4600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: West Shore Crest
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $277/sqft
- Annual tax amount: $17,862
- Date on market: 2/9/2025
- Listing terms: All Cash,Conventional
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