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.

This listing is courtesy of Jamie Maniscalco at The Alpha Commercial Advisors LLC em:jamie@thealphacomm.com ph:201-264-0113.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131120120170 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1120-012-0170 (0131120120170)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 8213 NE 1 Ave
City: Miami
State: Florida
Zip Code: 33138-3739 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 2,636
Actual Square Feet: 2,636
Adjusted Square Feet: 2,556
  -
Lot Size - English*
Lot Size (sf): 6,901
Lot Size (acres): 0.16
  -
Building Size - Metric*
Living Square Meters: 244.89
Actual Square Meters: 244.89
Adjusted Sq M: 237.46
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Lot Size - Metric*
Lot Size (sq m): 641
Lot Size (ha): 0.06
  -
Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6101 - Cen-pedestrian Orientatio
Municipal Zoning: T5 O (Miami)
All Listed | All Properties
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 01/26/2016
Amount: $167,500
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 04/01/2014
Amount: $150,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 05/21/2009
Amount: $92,000
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Taxable Values*
Tax Year: 2024
Land: $414,060
Building: $156,325
Total: $570,385
Assessed: $344,052
County Taxable: $344,052
City Taxable: $344,052
Mill Code: 0100
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Ownership*
Owner 1: Euroamerica Investments Llc
Mailing Address: 8440 Nw 115 Pl
Mailing City: Doral
Mailing State: Fl
Mailing Zip: 33178
Mailing Country: USA
  -
Building Information*
Stories: 1
Units: 4
  Price $336,250 per unit (compare)
Year Built: 1957
Effective Year Built: 1957
  -
Legal Description*
Legal Description Concatenated: LITTLE RIVER GARDENS AMD PB 6-51 LOT 2 LESS W10FT FOR ST BLK 13 LOT SIZE 6901 SQUARE FEET OR 21523-0448/22983-0554 0703 1 COC 23832-4922 25068-4968 0905 5 OR 25839-3933

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.