- $27.1M Price
8411 Biscayne Blvd - Portfolio
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.
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CloseEssential Information
- MLS® #A11470362
- Price$27,120,000
- Bathrooms0.00
- Acres0.00
- Year Built1936
- TypeCommercial
- Sub-TypeMulti Family
- StatusActive
- Pets AllowedNo
Community Information
- Address8411 Biscayne Blvd - Portfolio
- Area32
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33138-3526
Amenities
- ParkingAssigned, Common, On Street
Interior
- # of Stories2
- StoriesTwo
Exterior
- ConstructionBlock
Additional Information
- Listing Courtesy ofGlobal Investments Realty
- Days on Market198
- Date ListedOctober 16th, 2023
- Folio #0132070030460
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of May 1st, 2024 at 11:37pm EDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Keller Williams Realty Professionals shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of MAR.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
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