511 NE 82nd Ter, Miami, FL 33138 - Photo 1

1/1

$1,140,000

Sold
Closed
Multi-Family
0.2066 Acres
Updated 1 day ago

1/1

Property Description

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.

Full Property Details

Full Property Details for 511 NE 82nd Terrace

General

Sold For: $1,140,000
Taxes: $17,112 (2025)
Status: Closed
Type: Multi-Family
Source: Greater_Miami
MLS ID: A12025959
Added to Site: 101 day(s) ago

Location

Area: Sherry Park
County: Miami-Dade County
Subdivision: SHERRY PARK
Building Name: SHERRY PARK

Community

Community Name: Sherry Park

Utilities

Sewer: Other
Water: Municipal Water
Utility Description: Cable Connected, Electricity Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Other Usage, Income (Other)

Lot Features

Lot Size (Acres): 0.2066
Lot Size (Sq. Ft.): 9,000
Lot Dimensions: 101 x 86
Frontage Feet: 101
Street/Road Desc.: Paved
Lot Features: City Location, Less Than 1 Acre
Potential Use: Investment, Other Plan Use, Suburban, Transition
Zoning: 4600

Financial Considerations

Tax Amount: $17,112
Tax Year: 2025
Terms: All Cash, Conventional

Disclosures and Reports

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
Property ID: 01-32-07-054-0080

Listed and Sold by Biscayne Park Real Estate Inc

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— 511 NE 82nd Terrace —

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Schools

Schools serving 511 NE 82nd Terrace

School District:Dade County School District

Name	Grades	Distance
Phyllis R. Miller Elementary School 840 Northeast 87th Street, Miami, FL 33138	PK-5	0.5 mi
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150	6-8	1.1 mi
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 511 NE 82nd Terrace

Date

Details

Price

Change

Source

8/28/2026

Sold

$1,140,000

-36.67%

MLS

5/26/2026

Listed

$1,800,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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511 NE 82nd Terrace, Miami, FL 33138 - Photo 1

Sold

$1,140,000