460 82Nd Ter Miami, FL 33150
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.