Multifamily in 511 NE 82nd Ter Miami for sale with MLS# A12024962

two-story property half block west of Biscayne Blvd features 8 apartments, 6 units with 1 bedrooms and 1 bathroom, and 2 units with 2 bedroom and 1 bathroom. According to City of Miami zoning and municipal planning amendments for this exact corridor (NE 82nd Street and NE 82nd Terrace, just west of Biscayne Boulevard), the properties are designated as T5-R (Urban Center - Restricted) Great location for new construction or remodeling for increasing rents.

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Days on the market

511 NE 82nd Ter, Miami, FL 33138

Price
Price:
$1,800,000.00
Original List Price:
$1,800,000.00
Lease Details
Lease Term:
12 Months
Tenant Pays:
Electricity
Lease Terms / Move In Requirements:
Annual Lease
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A12024962
Description of Last Important Update:
New Listing
Last Major Update on:
May 27, 2026 11:27 am
Measures
Built-Up Area:
5,926 Sqft
Lot Area:
9,000 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Construction
Year Built:
1959
Year Built Details:
Resale
Roof:
Composition
Number of Buildings:
1
Number of Units Total:
8
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Hardwood
Structure Type:
Apartment
Stories:
2
Road Frontage Type:
City Street
Taxes and Expenses
Tax Annual Amount:
$17,112.00
Tax Year:
2025
Parking
Covered Spaces:
0
Parking Features:
Common, Free Parking
Utilities
Sewer:
Other
Water Source:
Public
Community
Building Name:
511
Senior Community:
No
Terms
Disclosures:
Owner Is Listing Agent
Listing Terms Considered by Seller:
Cash
Occupant Type:
Tenant
Zoning and Legal
Tax Legal Description:
SHERRY PARK PB 63-12 LOT 8 BLK 1 LOT SIZE 9000 SQ FT FAU 01-3207-064-0001 FKA MICHELE CO-OP APTS
Real Estate Folio Number (Parcel Number):
01-32-07-054-0080
Zoning Description:
4600
Title to the property is held by owner as:
Self Proprietor/individual
Listing History
Originally published on:
May 27, 2026 11:27 am
Active on the market since:
May 26, 2026
Price change occurred on:
May 25, 2026 10:03 pm
Listing Status Last Changed On:
May 27, 2026 11:27 am
Photos updated on:
May 27, 2026 3:50 pm
Last Modified:
May 27, 2026 7:01 pm
Additional Information
Flood Zone:
AE
Municipal Code:
1
Subdivision Number:
54
Courtesy of:
Biscayne Park Real Estate Inc
Attribution:
Not provided
Location
Street Name:
82nd Ter
Street Number:
511
Unit Number:
8
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 51' 3.8''
Longitude:
W81° 48' 48.5''
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) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.