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    460 82Nd Ter Miami, FL 33150

    Sponsored
    For Sale
    $625,000

    Legal Duplex, Fully Leased, High Income

    Property size:
    1,750 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    329
    This exceptional investment opportunity presents a fully leased legal duplex in Miami, Florida, situated at 460 NW 82nd Ter, 33150. Built in 1930, this single-story apartment building boasts 1,750 square feet and offers a compelling return on investment. The property comprises two spacious units: a three-bedroom, two-bathroom house and a one-bedroom, one-bathroom unit in the rear. Ample parking is available with space for four cars. Each unit benefits from its own Florida Power & Light (FPL) meter, providing efficient utility management. Currently generating a substantial monthly income of $3,900 ($46,800 annually), this property offers significant potential for rental increases. Its prime location east of I-95 and directly off 79th Street places it within one of Miami's most important commercial corridors. Furthermore, its location within an Opportunity Zone provides attractive tax benefits for investors. This property represents a rare blend of strong cash flow, excellent location, and significant upside potential. The property's size and layout make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture in the thriving Miami real estate market. The asking price is $625,000.

    Property Features for 460 82Nd Ter

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,750 SF

    Building Details

    Year Built
    1930
    Stories
    1

    HighLights

    • $625,000 asking price.
    • 1,750 square foot multifamily property (duplex/triplex/quadruplex).
    • Built in 1930, one‑story building.
    • Located at 460 NW 82nd Ter, Miami, FL 33150.
    • Fully leased, generating $3,900 monthly income ($46,800 annually), with potential for rent increases.
    • Prime location east of I‑95, off 79th Street, in a Miami opportunity zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2047566
    Latitude
    25.8499295

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    FAQs

    What type of property is this?
    Multifamily property - Legal Duplex, Fully Leased, High Income
    Where is this multifamily property located?
    The property is located at 460 82Nd Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; 1,750 square foot multifamily property (duplex/triplex/quadruplex).; Built in 1930, one-story building.
    Request Owner's contact information
    460 82Nd Ter Miami, FL 33150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    460 82Nd Ter Miami, FL 33150
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