Multifamily Housing - For Sale
538 Northeast 82nd Terrace Miami, FL 33138
Details & Description
Price: $985,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.170
  • Building Sq Ft 3,371
  • Building Price per Sq Ft $292.20
  • Land Sq Ft 7,405
  • Land Price per Sq Ft $133.02
  • NOI $65,362
  • CAP Rate % 6.64
APEX Capital Realty is pleased to present a completely renovated Multi-family Art Deco 5-plex for sale. Designed by Henry Hohauser, one of the most prolific Art Deco architects of his generation. Recently restored back to its original charm, the main building includes three beautiful 1BR/1 Bath apartments and one impeccably restored 1BR/1 BR with an extra den area. All have finished wood floors, original fireplaces, ample closet space, central A/C and Heat, remodeled kitchens with top of the line appliances and Corian countertops. Expansive private terrace for second floor apartment and all tenants have access to private backyard area. Second building consists of a spacious 750 SF cottage with beautiful black & white terrazzo floors. Renovated French doors open-up from the master bedroom to reveal a private expansive backyard patio. Buildings designed by famed architect – Henry Hohauser, one of the most prolific art deco builders in Miami.Property OverviewSale Price: $985,000 Building Size: 3,371 SFLot Size: 7,336 SFNumber of Units: 5Price / SF: $292.20Cap Rate: 6.64%NOI: $65,362Zoning: T-5RProperty Highlights5 Total Units (4 units in main building, 1 separate cottage)All units renovated with updated appliances/kitchensCentral A/C and HeatingExpansive backyardOver 7300 SF LotOversized units (650 SF plus)
Additional Photos
Listing Agents
Ron Mann

O: 305-570-2600
M: 305-490-1404
ron@apexcapitalrealty.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

538 Northeast 82nd Terrace

Miami, FL 33138

Listing ID: 187555
$985,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.170
  • Building Sq Ft 3,371
  • Building Price per Sq Ft $292.20
  • Land Sq Ft 7,405
  • Land Price per Sq Ft $133.02
  • NOI $65,362
  • CAP Rate % 6.64
  • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 1
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Description

APEX Capital Realty is pleased to present a completely renovated Multi-family Art Deco 5-plex for sale. Designed by Henry Hohauser, one of the most prolific Art Deco architects of his generation. Recently restored back to its original charm, the main building includes three beautiful 1BR/1 Bath apartments and one impeccably restored 1BR/1 BR with an extra den area. All have finished wood floors, original fireplaces, ample closet space, central A/C and Heat, remodeled kitchens with top of the line appliances and Corian countertops. Expansive private terrace for second floor apartment and all tenants have access to private backyard area. Second building consists of a spacious 750 SF cottage with beautiful black & white terrazzo floors. Renovated French doors open-up from the master bedroom to reveal a private expansive backyard patio. Buildings designed by famed architect – Henry Hohauser, one of the most prolific art deco builders in Miami.

Property Overview

Sale Price: $985,000

Building Size: 3,371 SF

Lot Size: 7,336 SF

Number of Units: 5

Price / SF: $292.20

Cap Rate: 6.64%

NOI: $65,362

Zoning: T-5R

Property Highlights

5 Total Units (4 units in main building, 1 separate cottage)

All units renovated with updated appliances/kitchens

Central A/C and Heating

Expansive backyard

Over 7300 SF Lot

Oversized units (650 SF plus)

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Miami History of Multifamily Housing for Sale

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Miami Area Market Trends

Listing Demographics for 538 Northeast 82nd Terrace Miami, FL 33138

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population22,087175,840481,951
Population Median Age403838
Population by Age0-9 Yrs2611 (11%)23262 (13%)58977 (12%)
10-19 Yrs2064 (9%)19335 (10%)54205 (11%)
20-29 Yrs3009 (13%)26033 (14%)69051 (14%)
30-39 Yrs3532 (15%)26547 (15%)73036 (15%)
40-49 Yrs3179 (14%)23842 (13%)66422 (13%)
50-59 Yrs3147 (14%)23185 (13%)64916 (13%)
60-69 Yrs2288 (10%)17425 (9%)49523 (10%)
70+ Yrs2258 (10%)16211 (9%)45822 (9%)
Median HH Income$37,185$37,714$39,512
Total Household Income< 24K3641 (41%)21495 (35%)55924 (33%)
25-49K1870 (21%)15391 (25%)42001 (25%)
50-74K1297 (14%)9295 (15%)25551 (15%)
75-99K494 (5%)5192 (8%)14643 (8%)
100-199K1045 (11%)6171 (10%)18482 (11%)
200K+453 (5%)2503 (4%)8568 (5%)
Highest Education LevelNo Diploma35282605974369
Diploma or GED38873543697831
Some College25861999552484
Assoc. Degree14241083928282
Bachelors Degree32361873952492
Higher Degree14031011531652
Total Housing Units9,80368,986202,600
--Owner-Occupied3,07222,35263,404
--Renter-Occupied5,72737,695101,766
Owner-Occupied Values< 100K38033088792
100-199K468578417162
200-299K446461413007
300-399K45525917082
400-499K36315333965
500K+960452313396
Total Working Age Population18,169141,065390,670
In Work Force11,85288,364243,133
Not In Work Force6,31752,701147,537
Workforce Employed10,54178,929221,347
Workforce Unemployed1,3119,39521,563
Civlian Workforce11,85288,324242,910
Military Workforce040223
Total Households8,79960,047165,170
Family Households4,55235,25297,082
Non-Family Households4,24724,79568,089
Married Couple2,68917,32352,771
Other Family1,86317,93044,310
Married w/Child9506,73020,154
Single Male w/Child2231,6864,214
Single Female w/Child6146,41216,128

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Miami International Airport (MIA) 8
Fort Lauderdale Hollywood International Airport (FLL) 15
Palm Beach International Airport (PBI) 58
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