Property Description

PRESENTING AN INCOME-PRODUCING COVERED ASSET WITH VALUE-ADD POTENTIAL IN SUPPLY-CONSTRAINED
COMMERCIAL ZONING POCKET OF LITTLE RIVER.

Sporting a well-balanced unit mix of (2) 1-BR/1-Bath and (2) 2-BR/2-Bath units with consistent occupancy at below-market rents, the property delivers dependable performance with tons of upside through aesthetic, structural, and rental value-add execution. The asset benefits from a new roof (replaced in 2023) and solid overall condition as-is, with optionality for strategic capital improvements to address upcoming recertification and cosmetic upgrades geared toward strengthening tenant appeal.

Located adjacent to the NE 82nd Street connector-corridor, the property benefits from unmatched accessibility between I-95 and the Little River area’s main
business district and transit hubs such as Biscayne Blvd, NE 79th Street and NE 2nd Avenue. With underlying T5-O commercial zoning, this property offers rare
usage flexibility, allowing an investor to maximize long-term gains via re-development or adaptive re-use toward a range of commercial uses including retail, office, education and multi-family.

Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33138
Street:
8213 Ne 1st Ave, Miami, Florida 33138
Longitude:
W81° 48' 17.5''
Latitude:
N25° 50' 60''
MLS Addon
Building Area:
2,556 Sqft
Cumulative DOM:
1
DOM:
1
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
01-31-12-012-0170
Structure Type:
Multi Family
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Commercial Sale For Sale

8213 Ne 1st Ave, Miami, Florida 33138, Miami, Florida 33138

6,901 Sqft
$1,345,000
MLS # #A11976135
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,345,000
Year Built :
1957
Lot Area :
6,901 Sqft
MLS # :
A11976135
Property Sub Type :
Multi Family
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