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$1,775,000
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Property Description
Proud to present a 10-unit multifamily property at 521 NE 82nd Terrace, Miami, featuring 8 spacious 1/1 units and 2 comfortable 2/1 units. Currently generating $221,378 in annual rental income with potential to increase to $243,600+, this property offers immediate cash flow and strong rental demand in a prime location. An excellent investment opportunity with room for growth.
Full Property Details
Full Property Details for 521 NE 82nd Terrace
General
- Sold For: $1,775,000
- Taxes: $30,605 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11761528
- Added to Site: 312 day(s) ago
Rental Information
- Rent Includes: Water
Interior
- Flooring: Tile
Parking
- Total Spaces: 10
Location
- Area: Sherry Park
- County: Miami-Dade County
- Subdivision: SHERRY PARK
- Building Name: SHERRY PARK
Community
- Community Name: Sherry Park
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Stories/Levels: 2
- Building Size: 6591
- Square Feet: 6,591
- Living Area: 6,591 Sq. Ft.
- Year Built: 1957
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Potential Use: Investment
- Zoning: 4600
Financial Considerations
- Price Per Sq. Ft.: $269.31
- Tax Amount: $30,605
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: SHERRY PARK PB 63-12 LOT 7 BLK 1 LOT SIZE 9000 SQUARE FEET OR 20298-0089 0302 2 (2)
- Property ID: 01-32-07-054-0070
Listed by Keller Williams Capital Realty
Sold by Keller Williams Capital Realty
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Schools
Schools serving 521 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 | 0.4 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 521 NE 82nd Terrace
Date
Details
Price
Change
Source
8/01/2025
Sold
$1,775,000
-17.44%
MLS
5/20/2025
Price Reduced
$2,150,000
-4.44%
MLS
5/06/2025
Price Reduced
$2,250,000
-8.16%
MLS
3/11/2025
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
521 NE 82nd Ter, Miami, FL 33138 (MLS# A11761528) is a Multi-Family property that was sold at $1,775,000 on August 01, 2025. Want to learn more about 521 NE 82nd Ter? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

