See Home Value
$19,689,171*
Multifamily - Off Market

460 NE 82nd Ter

Miami, FL 33138
bedrooms
Studio
bathrooms
0 Bath
$13,410,000 - $16,390,000
Reference Base Price*
32.14%
Since Sep 1, 2021
FL-Miami
Primary Model

About This Property

The Junction @ Little River is a true covered land play producing significant revenue of over $850,000 annually with below market rents and tremendous development upside. The assemblage encompasses 59 multifamily units with a 100% occupancy rate. The Junction @ Little River is positioned less than 100 feet from the planned Brightline station, offering residents high speed transportation access to all surrounding major neighborhoods. This proximity affords the site with official TOD designation. Junction at Little River is entitled for 310 units and 8 stories, with TOD designation granting an additional 4 stories and 78 residential units and 112,640 square feet, with up to 380 fewer parking spaces than would be required outside of a TOD. Grand total of 12 stories and 388 units.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$998
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Aug 17, 2021 No longer available -
No longer available
Jun 25, 2021 Price Decreased $14,900,000
↓ $2M (9.7%)
Price Decreased
May 17, 2021 Price Decreased $16,500,000
↓ $1M (7%)
Price Decreased
Jan 12, 2021 Listed $17,750,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$12,250,000 Dec 15, 2022
-
$2,677/mo
Commercial
Loft
-
-
$12,000,000 Apr 21, 2022
-
$740/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210112
01/12/2021
Studio
-
-
$17,750,000
bedrooms
Studio
bathrooms
-
-
-
-
Arden Karson
Karson & CO

Building Info

460 Northeast 82nd Terrace 460 Northeast 82nd Terrace, Miami, FL 33138
More about this Building
460 Northeast 82nd Terrace
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About Northern Miami


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