Property 511 NE 82nd Terrace, Miami, FL 33138 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 Terrace, Miami, FL 33138

Price
Price:
$1,800,000.00
Original List Price:
$1,800,000.00
List Price per Sq Ft (Calculated, Approx.):
$192.37
Close Price:
$1,140,000.00
Transaction closed on:
August 28, 2026
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Status Change
Last Major Update on:
September 1, 2026 4:44 pm
Measures
Built-Up Area:
5,926 Sqft
Lot Size Acres:
0.21
Property Features
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Construction
Year Built:
1959
Number of Buildings:
1
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
2
Road Frontage Type:
City Street
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$17,112.00
Tax Year:
2025
Parking
Parking Features:
Common, Free
Utilities
Utilities Available:
Sewer Available
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
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):
0132070540080
Zoning:
4600
Listing History
Active on the market since:
May 26, 2026
Listing Agreement executed on:
May 26, 2026
Purchase Contract Date:
August 21, 2026
Listing Status Last Changed On:
September 1, 2026 4:44 pm
Photos updated on:
September 1, 2026 4:57 pm
Last Modified:
September 1, 2026 4:58 pm
Additional Information
Courtesy of:
Biscayne Park Real Estate Inc
Attribution:
Not provided
Location
Street Name:
82nd
Street Number:
511
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 51' 3.8''
Longitude:
W81° 48' 48.5''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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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 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 511 NE 82nd Terrace, Miami, FL 33138
Association of REALTORS®
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. Properties may be listed or sold by various participants in the MLS.