Description
632 NE 85th St + 8411 Biscayne Blvd. 3 Folios totaling 58,125 SF of land. Properties allow 118 buildable units with direct access to Biscayne Blvd., with a steady cash flow while the project is developed. 25 residential units & 1 retail space in place, NOI $182,468 currently in place. Rents from $875 to $1,550/mo. with space to increase. There's the option to purchase a bigger portfolio in the same area from the same owner with up to 317 buildable units.,
, BISC HGTS PB 2-78 LOT 31 LESS N10FT FOR ST LOT SIZE 41745 SQ FT OR 22987-2803/24636-626 0704 4
Features
- Building Area Total
18405
- Building Area Units
Square Feet
- City
Miami
- Contract Status Change Date
2023-04-07 00:00:00
- County Or Parish
Miami-Dade County
- Days On Market
48
- Expiration Date
2023-10-31 00:00:00
- Fencing
Fenced
- Inclusions
Building & Land
Leases
Leases
- Latitude
26
- List A O R
A-Miami Association of REALTORS
- List Price
10500000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Acres
1
- Lot Size Square Feet
41745
- Lot Size Units
Square Feet
- Mls Status
Active
- On Market Date
2023-04-07 00:00:00
- Original List Price
10500000
- Originating System Name
miamire
- Ownership
Corporation
- Parcel Number
01-32-07-003-0430
- Parking Features
Assigned
- Postal Code
33138
- Property Type
Commercial Sale
- Standard Status
Active
- State Or Province
FL
- Tax Legal Description
BISC HGTS PB 2-78 LOT 31 LESS N10FT FOR ST LOT SIZE 41745 SQ FT OR 22987-2803/24636-626 0704 4
- Unparsed Address
632 NE 85th St
Miami FL 33138
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11368723
- Water Source
Public
- Year Built
1940
- Zoning
4600
