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!
Sold for $1,100,000
$1,100,000
539 NE 82nd Ter, Miami, FL 33138
8beds
5baths
3,964sqft
Quadruplex
Built in 1936
-- sqft lot
$1,095,000 Zestimate®
$277/sqft
$2,982 Estimated rent
Home value
$1,095,000
$953,000 - $1.25M
$2,982/mo
Zestimate® history
Owner options
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$2,982/mo
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$2,982/mo
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$7,593/mo
Est. payment
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$7,593/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc,
Mark Weinschneider 305-450-7017,
London Foster Realty
Bought with:
Diana Casallas, 3612089
FGI Realty
Source: MIAMI,MLS#: A11838655
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & 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
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: 7/13/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Sold | $1,100,000$277/sqft |
Source:  MIAMI #A11838655 Report a problem | ||
| 7/13/2025 | Listed for sale | $1,100,000$277/sqft |
Source: MIAMI #A11838655 Report a problem | ||
| 5/27/2025 | Listing removed | $1,100,000$277/sqft |
Source: MIAMI #A11741634 Report a problem | ||
| 4/3/2025 | Price change | $1,100,000+11.1%$277/sqft |
Source: MIAMI #A11741634 Report a problem | ||
| 3/20/2025 | Pending sale | $990,000$250/sqft |
Source: MIAMI #A11741634 Report a problem | ||
| 2/9/2025 | Listed for sale | $990,000-5.7%$250/sqft |
Source: MIAMI #A11741634 Report a problem | ||
| 10/24/2024 | Listing removed | $1,050,000$265/sqft |
Source:  BeachesMLS #RX-11014152 Report a problem | ||
| 8/21/2024 | Listed for sale | $1,050,000$265/sqft |
Source: BeachesMLS #RX-11014152 Report a problem | ||
| 8/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/19/2021 | Listed for rent | $1,400 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Upper Eastside
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Nearby schools
GreatSchools rating
- 6/10Phyllis R. Miller Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$1,095,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,095,000
- Florida
- Miami-Dade County
- Miami
- 33138
- Upper Eastside
- 539 NE 82nd Ter
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