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.
Driving Directi,
, 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 Units
Square Feet
- City
Miami
- Contract Status Change Date
2023-05-26 00:00:00
- County Or Parish
Miami-Dade County
- Expiration Date
2023-12-05 00:00:00
- Frontage Length
100
- Gross Scheduled Income
345163
- 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 Dimensions
100x429
- Lot Size Square Feet
58125
- Lot Size Units
Square Feet
- M L S Area Major
Biscayne Heights
- Mls Status
Active
- On Market Date
2023-05-26 00:00:00
- Original List Price
10500000
- Originating System Name
miamire
- Parcel Number
01-32-07-003-0430
- Postal Code
33138
- Property Type
Commercial Land
- Road Frontage Type
County Road
- Standard Status
Active
- State Or Province
FL
- Subdivision Name
BISCAYNE HEIGHTS
- 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
- Tax Year
2021
- Unparsed Address
632 NE 85th St
Miami FL 33138
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11393930
- Zoning
4600
