Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$1,295,000
 $6,952 est/mo Sourced by Back At You

8213 NE 1st Avenue,Miami, FL 33138

Miami, FL 33138

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Description

PRESENTING AN INCOME-PRODUCING COVERED ASSET WITH VALUE-ADD POTENTIAL IN SUPPLY-CONSTRAINEDCOMMERCIAL 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 mainbusiness district and transit hubs such as Biscayne Blvd, NE 79th Street and NE 2nd Avenue. With underlying T5-O commercial zoning, this property offers rareusage 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.

Details

MLS #A11976135
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site183
Listing Provided ByThe Alpha Commercial Advisors LLC | Jamie Maniscalco

Features

SQ Feet2,556
Zoning6101
Acreage0.16

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area2310
Listing VS Median (in 33138)
Price:
$1,295,000
low | high
Med:
$219,000
100% of Average
sqft:
2,556
low | high
Med:
653
100% of Average
$ / sqft:
$507
low | high
Med:
$335
83.805483453263% of Average
On site:
183
low | high
Med:
29
100% of Average
Sourced by Back At You

Market Activity 33138

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Contact

Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area2310
Listing VS Median (in 33138)
Price:
$1,295,000
low | high
Med:
$219,000
100% of Average
sqft:
2,556
low | high
Med:
653
100% of Average
$ / sqft:
$507
low | high
Med:
$335
83.805483453263% of Average
On site:
183
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $971K - $1.618M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
8111 NE 1st Avenue Property Photo 1
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8111 Ne 1st Avenue
Miami, FL 33138
8057 NE 1st Ave 2 Property Photo 1
$2,200
8057 Ne 1st Ave 2
Miami, FL 33138
8057 NE 1st Avenue 2 Property Photo 1
$2,300
8057 Ne 1st Avenue 2
Miami, FL 33138
8270 NE 1st Place 3 Property Photo 1
$2,900
8270 Ne 1st Place 3
Miami, FL 33138
8270 NE 1st Pl 3 Property Photo 1
$2,900
8270 Ne 1st Pl 3
Miami, FL 33138
Listing Updated: August 25, 2026 at 3:27:54 AM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc