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8-Building Apartment Assemblage
For Sale
Contact for pricing
Pending

421 NE 82nd St, Miami, FL 33138

Occupied multifamily assemblage with T6-8-O zoning and a Transit Oriented Development designation near the future 79th Street Brightline Station.

Property SizeContact for details
Days on Market144

Property Features for 421 NE 82nd St

General Information

Standard status Pending
Property subtype Multifamily
Zoning T6-8-O
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 59

Building Details

Buildings 8
Listing Agency: Karson & Co
Listed By: Arden Karson · License #3004310
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 7:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karson & Co

Investment Insights

Based on property information with market context.

The property consists of 8 low-rise apartment buildings containing 59 units, together with approximately ±20,000 SF of vacant land. The units are currently 100% occupied under short-term leases described as below market. The assemblage is located at 421 NE 82nd St in Miami, Florida.

The entire site has been rezoned to T6-8-O under the City of Miami’s Miami21 Zoning Code. Its proximity to the future 79th Street Brightline Station provides a Transit Oriented Development designation, which allows a significant reduction in parking requirements along with other stated incentives. The zoning and site configuration provide future redevelopment flexibility while the existing apartment buildings remain occupied.

Key Highlights

  • 8 low‑rise apartment buildings comprising 59 units
  • Approximately ±20,000 SF of additional vacant land
  • 100% occupied under short‑term leases

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Locksmith Electrical Service Butcher Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

59
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,749
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied multifamily assemblage with T6-8-O zoning and a Transit Oriented Development designation near the future 79th Street Brightline Station.
Where is this apartment building located?
The property is located at 421 NE 82nd St Miami, FL.
What are key features of this property?
This property features: 8 low‑rise apartment buildings comprising 59 units; Approximately ±20,000 SF of additional vacant land; 100% occupied under short‑term leases
More about this property
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