Price Reduced 3.42%


Price History

$1,345,000
3/3/2026

$1,299,000
4/1/2026


8213 NE 1st Ave, Miami, FL, 33138

8213 NE 1st Ave, Miami, FL, 33138

1957

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.


Status:

Active

Type:

Commercial

Units:

4

Zoning:

6101

Days on Market:

55

MLS #:

A11976135


Community Info

School Info

Walk Score

Yelp



Listing courtesy of The Alpha Commercial Advisors LLC 305-697-7011