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8262 NE 1st Ave

Miami, FL 33138

– beds
– baths
8,898 sqft
$325 per sqft
1969 build
– on site

Prime investment opportunity! Situated in a vibrant and rapidly developing neighborhood, this 3-story, 12-unit building features a total of 21 bedrooms and 12 bathrooms, offering a mix of spacious living spaces. The property is fully rented, ensuring consistent income and an attractive cap rate (available upon request). Each unit is equipped with central AC, and a common laundry area on-site. The building has a newer roof. This up-and-coming area is experiencing significant growth, with new developments, trendy restaurants, and boutique shops popping up nearby. The area’s continued revitalization promises increasing property values and rental demand, making this an ideal time to invest in a property that’s positioned for long-term appreciation.

Listing courtesy of MLSM / Nexus International Realty

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# A11693310 —

The Building

Year Built:

1969
Year Built Details:

Resale
Construction Materials:

Block
Architectural Style:

Fourplex
Stories:

3
Roof:

Concrete
Building Area Total:

8898.0

Interior

Flooring:

Laminate

Room Dimensions

Living Area:

8898.0

The Property

Parcel Number:

01 31 12 012 0530
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Zoning Description:

6101
Lot Features:

LessThanQuarterAcre
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$28,732
Tax Legal Description:

LITTLE RIVER GDNS AMD PB 6-51 LOT 17 & N42.5FT LOT 16 LESS E 10FT FOR ST BLK 15 LOT SIZE 12511 SQUARE FEET OR 20778-4130 1002 1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableNotAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

Little River Gardens Amd
Pool Features:

None

Parking

Parking Total:

17.0

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Listed / Active	MLSM	$2,900,000

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This multifamily located in Little Haiti, Miami, FL 33138 is currently for sale for $2,900,000. 8262 NE 1st Ave is a 8,898 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 8262 NE 1st Ave is in the Little Haiti neighborhood of Miami. This multifamily is in the attendance area of Miami Edison Senior High School, Horace Mann Middle School, Robert Morgan Educational Center And Technical College, Phyllis Ruth Miller Elementary School, and Air Base Elementary School.

Listing Courtesy of: MLSM and Nexus International Realty.

Based on information from the MLS MIAMI 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.