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8213 1st Ave, Miami, FL

Offering:
For Sale
Location:
Miami, FL 33138
Status:
Active
$1,295,000

Deemed reliable but not guaranteed.

Details
Year built:
1957
Lot size:
6,901 sq ft
Days on market:
176
Type:
Multi-family
MLS ID
A11976135
Virtual tour:
Listed by:
The Alpha Commercial Advisors LLC (TACA01)
Listing office phone:
305-697-7011
Listing office email:
Listing agent:
Jamie Maniscalco (3391005)

Description

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.
Price history
$1,345,000 → $1,295,000 · Reduced by $50,000 (3.7%) · 3 price changes

Location

8213 NE 1st Ave
Miami, FL 33138

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MLS information

Last updated Aug 26, 2026

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