$7,175,000
$7,950,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
433 NE 82nd St Miami, FL 33138
16,351 SqFt
Key Details
Sold Price $7,175,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 16,351 sqft
Price per Sqft $438
MLS Listing ID A11272618
Sold Date 03/10/23
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $40,498
Tax Year 2021
Contingent No Contingencies
Lot Size 0.860 Acres
Acres 0.86
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Miami-dade County
Area 32
Direction From Biscayne Blvd, head to NE 82nd St, then turn west. Property on right hand side before end of block.
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other, Tile, Wood
Exterior
Roof Type Composition,Other,Wood Trusses
Total Parking Spaces 18
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 01-32-07-023-0060
Ownership Limited Partnership
Acceptable Financing Assumable
Listing Terms Assumable
Financing Assumed
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Bought with Non-MLS Member