460 82Nd Ter Miami, FL 33150
- Apartment buildings
- 1,750 SF
Current Use by Public Records
- Apartment buildings
Property Details for 460 82Nd Ter
- Year built
- 1930
- Property size
- 1,750 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2048
- Latitude
- 25.8499
