8213 NE 1st Ave
Little River Value-Add Fourplex
Marketing description
THE ALPHA COMMERCIAL ADVISORS® PRESENTS 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.
Investment highlights
Fourplex w/ Reliable Occupancy: Income-producing property offering reliable cash-flow from
long-standing tenants, on-site parking, and secure gated premises in supply-constrained pocket
adjacent major transit corridor.
Strategic Value-Add Potential: Brand new roof (2023) and durable overall condition with
opportunity for upgrades to unlock rental premiums—such as installing impact windows and doors,
adding mini-split A/C systems, and updating kitchens, bathrooms, and flooring.
Prime Little River Location: Located in one of Miami’s most active and rapidly evolving submarkets.
Immediate access to I-95 and major corridors including NE 79th Street and Biscayne Boulevard.
Surrounded by strong retail and dining options, including popular food hall—The Citadel.
Flexible Zoning & Future Development Upside: T5-O zoning, Opportunity Zone benefits, and
eligibility under the Live Local Act provide exceptional flexibility for future redevelopment and
sustained long-term value creation with commercial and mixed-uses as retail, office and more.
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