Commercial Sale · Income/MultiFamily
511 NE 82nd Ter, Miami FL 33138, MIAMI, FL, 33138
Active77 days on marketListed May 26, 2026MLS #A12024962
About this property
The property at a glance
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.
5,926
Building sq ft
$304
Price / sq ft
9,000
Lot sq ft
1959
Year built
1
Building
4600
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Annual Lease
Lease term
Estimated payment (illustrative)
Estimated payment
$9,680/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kemarie to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
14,642
Population
$80,911
Median income
43
Median age
2
Avg household
$854,030
Median home value
$1,897/mo
Median rent
1,433
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Seeking peace and well-being through meditation, gratitude and spirituality.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Recent sales
What actually sold near 511 NE 82nd Ter
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$895,000
7525 NE Miami Ct, Miami FL 33138
Sold Sep 5, 2024
$852,000
60 NW 77th St, Miami FL 33150
Sold Oct 15, 2024
Your team
The pros in your corner
Your agent
Kemarie Johnson
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 511 NE 82nd Ter — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 511 NE 82nd Ter.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Biscayne Park Real Estate Inc · Barry Menzell. MLS #A12024962.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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