Unimproved Land in 511 NE 82nd Terrace, Miami, FL 33138 for sale with MLS# A12025959

Buy now to rebuild many floors of apartments now or in the future. 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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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.):
$200.00
Business Info
Gross Scheduled Income:
130400
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
May 26, 2026 4:00 am
Other Special Conditions:
City Jurisdiction
Measures
Lot Area:
9,000 Sqft
Lot Size Dimensions and Info:
9000
Lot Size Acres:
0.2066
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$17,112.00
Tax Year:
2025
Utilities
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
SHERRY PARK
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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
Public Schools Assigned
Elementary School:
Pinewood Elem
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
May 26, 2026
Listing Agreement executed on:
May 26, 2026
Listing Status Last Changed On:
May 26, 2026 4:00 am
Photos updated on:
May 28, 2026 3:06 am
Last Modified:
June 8, 2026 4:36 pm
Additional Information
Courtesy of:
Biscayne Park Real Estate Inc
Attribution:
Not provided
Road Surface Type:
Paved
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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 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.