Multifamily Housing
538 Northeast 82nd Terrace Miami, FL 33138
Details & Description
Price: $985,000
    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
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 1
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 2
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 3
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 4
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 5
    • 538 Northeast 82nd Terrace Miami, FL 33138 | for Sale | Photo 6
    538 Northeast 82nd Terrace | for Sale | Thumbnail 1
    538 Northeast 82nd Terrace | for Sale | Thumbnail 2
    538 Northeast 82nd Terrace | for Sale | Thumbnail 3
    538 Northeast 82nd Terrace | for Sale | Thumbnail 4
    538 Northeast 82nd Terrace | for Sale | Thumbnail 5
    538 Northeast 82nd Terrace | for Sale | Thumbnail 6
    Building Size: 3,371 SF
    Lot Size: 0.170 AC
    Land Size: 7,405 SF
    Building $/SF: $292.20
    Land $/SF: $133.02
    Price
    $985,000
    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

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    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.

    Common Questions and Answers

    What is the asking price for 538 Northeast 82nd Terrace in Miami?
    The asking price for 538 Northeast 82nd Terrace is $985,000
    What is the building size of this Multifamily property in Miami, FL?
    The size of the building/unit at 538 Northeast 82nd Terrace in Miami is 3,371 square feet
    How much land does the Miami, FL property at 538 Northeast 82nd Terrace include?
    538 Northeast 82nd Terrace in Miami includes 0.170 acres of land
    What is the population within 1 mile of 538 Northeast 82nd Terrace in Miami?
    The population within 1 mile of 538 Northeast 82nd Terrace Miami, FL 33138 is 22,087 people.
    Who do I contact for questions about 538 Northeast 82nd Terrace?
    You should contact the listing agent, Ron Mann, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    800 Northeast 85th Street, Miami, FL $1,750,000 2334 0.81
    7850 Northeast 10th Avenue, Miami, FL $3,000,000 9299 0.44
    7800 Northeast 10th Court, Miami, FL $790,000 2807 0.2
    1 Northeast 78th Street, Miami, FL $2,200,000 7496 0.3
    575 Northeast 61st Street, Miami, FL $1,495,000 2786 0.11
    7625 Northwest 4th Court, Miami, FL $390,000 2208 0.17
    87 Northeast 55th Street, Miami, FL $750,000 9000 0.2
    2070 Bay Drive, Miami Beach, FL $15,000,000 23507 0.5
    2021 Bay Drive, Miami Beach, FL CALL 5741 0.17
    1971 Bay Drive, Miami Beach, FL $6,840,000 18572 0.5

    Closest Commercial Airports

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