Multifamily in 8213 NE 1st Ave Miami for sale with MLS# A11976135

PRESENTING AN INCOME-PRODUCING COVERED ASSET WITH VALUE-ADD POTENTIAL IN SUPPLY-CONSTRAINED COMMERCIAL ZONING POCKET OF LITTLE RIVER. Sporting a well-balanced unit mix of (2) 1-BR/1-Bath and (2) 2-BR/2-Bath units with consistent occupancy at below-market rents, the property delivers dependable performance with tons of upside through aesthetic, structural, and rental value-add execution. The asset benefits from a new roof (replaced in 2023) and solid overall condition as-is, with optionality for strategic capital improvements to address upcoming recertification and cosmetic upgrades geared toward strengthening tenant appeal. Located adjacent to the NE 82nd Street connector-corridor, the property benefits from unmatched accessibility between I-95 and the Little River area's main business district and transit hubs such as Biscayne Blvd, NE 79th Street and NE 2nd Avenue. With underlying T5-O commercial zoning, this property offers rare usage flexibility, allowing an investor to maximize long-term gains via re-development or adaptive re-use toward a range of commercial uses including retail, office, education and multi-family.

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Days on the market

8213 NE 1st Ave, Miami, FL 33138

Price
Price:
$1,299,000.00
Previous Asking Price:
$1,345,000.00
Original List Price:
$1,345,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11976135
Description of Last Important Update:
Price Change
Last Major Update on:
April 1, 2026 12:18 pm
Measures
Built-Up Area:
2,556 Sqft
Lot Area:
6,901 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1957
Number of Units Total:
4
Structure Type:
Multifamily
Taxes and Expenses
Tax Annual Amount:
$0.00
Parking
Covered Spaces:
0
Community
Senior Community:
No
Terms
Disclosures:
Owner Is Listing Agent
Occupant Type:
Tenant
Zoning and Legal
Tax Legal Description:
LITTLE RIVER GARDENS AMD PB 6-51 LOT 2 LESS W10FT FOR ST BLK 13 LOT SIZE 6901 SQUARE FEET OR 21523-0448/22983-0554 0703 1 COC 23832-4922 250
Real Estate Folio Number (Parcel Number):
01-31-12-012-0170
Zoning Description:
6101
Listing History
Originally published on:
March 3, 2026 9:39 pm
Active on the market since:
March 3, 2026
Price change occurred on:
April 1, 2026 12:18 pm
Listing Status Last Changed On:
March 3, 2026 9:39 pm
Photos updated on:
March 4, 2026 2:58 am
Last Modified:
April 14, 2026 8:16 pm
Additional Information
Flood Zone:
X
Subdivision Number:
12
Courtesy of:
The Alpha Commercial Advisors LLC
Attribution:
Not provided
Location
Street Name:
1st Ave
Street Number:
8213
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 50' 60''
Longitude:
W81° 48' 17.5''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $71,518
Median Home Value $686,300
Median Rent $1,647/mo
Median Age 40
Population 28,871

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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