Description
We are pleased to present this unique opportunity to acquire the largest land assemblage East of Biscayne Blvd.
with T5 zoning. Properties also include cash flow from rental units, making this an attractive covered land play.
4.39 acre development site with 317 buildable units by right. 18 existing buildings (1 & 2 stories) totaling 95
residential units and 1 retail space, plus 2 vacant lot sites of +/-19,350 SF. Gross building of +/-54,630 SF on +/-
191,539 SF of land. Favorable T6-8-O, T5-R Zoning designation. 95 residential units in-place with rents from
$600 to $1,950/mo. and NOI of +/-700K. Great covered land play. 3 minute drive to Miami Shores Country Club,
10 minute drive to Design District, 15 minute drive to Downtown, 16 minute drive to North Beach.,
, BISC HGTS PB 2-78 N50FT OF S90FT LOT 32 LOT SIZE 50.000 X 182 OR 13368-3269 0787 5
Features
- Building Area Total
54630
- Building Area Units
Square Feet
- City
Miami
- Contract Status Change Date
2023-10-16 00:00:00
- County Or Parish
Miami-Dade County
- Days On Market
1
- Expiration Date
2024-10-16 00:00:00
- Inclusions
Building & Land
Leases
Leases
- Latitude
26
- Lease Considered
Yes
- List A O R
A-Miami Association of REALTORS
- List Price
27120000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Square Feet
191539
- Lot Size Units
Square Feet
- Major Change Type
New
- Mls Status
Active
- On Market Date
2023-10-16 00:00:00
- Open Parking
Yes
- Original List Price
27120000
- Originating System Name
miamire
- Parcel Number
01-32-07-003-0460
- Postal Code
33138
- Postal Code Plus4
3526
- Property Type
Commercial Sale
- Public Survey Range
32
- Public Survey Section
7
- Public Survey Township
32
- Road Frontage Type
City Street
County Road
- Standard Status
Active
- State Or Province
FL
- Stories
2
- Stories Total
2
- Tax Legal Description
BISC HGTS PB 2-78 N50FT OF S90FT LOT 32 LOT SIZE 50.000 X 182 OR 13368-3269 0787 5
- Unparsed Address
8411 Biscayne Blvd - PORTFOLIO
Miami FL 33138
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11470362
- Water Source
Public
- Year Built
1936
- Zoning
6100
