Description
632 NE 85th St + 8411 Biscayne Blvd. 3 Folios totaling 58,125 SF of land. 25 residential units & 1 retail space in
place, NOI $229,676 currently in place. Rents from $1,000 to $1,750/mo. with space to increase. Properties allow
118 buildable units with direct access to Biscayne Blvd., with a steady cash flow while the project is developed.
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
2023-10-16 00:00:00
- County Or Parish
Miami-Dade County
- Days On Market
2
- Expiration Date
2024-10-16 00:00:00
- Fencing
Fenced
- Inclusions
Building & Land
Leases
Leases
- Latitude
26
- Lease Considered
Yes
- List A O R
A-Miami Association of REALTORS
- List Price
8770000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Acres
1
- Lot Size Square Feet
58125
- 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
8770000
- Originating System Name
miamire
- Parcel Number
01-32-07-003-0430
- Postal Code
33138
- Postal Code Plus4
3567
- Property Type
Commercial Sale
- Public Survey Range
32
- Public Survey Section
7
- Public Survey Township
32
- Security Features
Security Fence
- Standard Status
Active
- State Or Province
FL
- Stories
2
- Stories Total
2
- 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 - Portfolio
Miami FL 33138
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11470771
- Water Source
Public
- Year Built
1940
- Zoning
4600
