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.
- 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''
- 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
- Virtual Tour:
- Click Here
Commercial Sale For Sale
8213 Ne 1st Ave, Miami, Florida 33138, Miami, Florida 33138
- 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
