Skip To Content

632 NE 85th St - Portfolio

Miami, FL 33138
  • $8,770,000
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: A11470771
$8,770,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1940
County:

School Ratings & Info

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.

Monthly Payment Calculator



Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. 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. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-05-29T23:51:42.1.
www.searchingfloridaproperties.com/homes/144446674
Print Image

632 NE 85th St - Portfolio Miami, FL 33138

  • Price: $8,770,000
  • Status: Active
  • On Site: 225 Days
  • MLS #: A11470771
0
Beds
0
Baths
0
½ Baths
1.33
Acres
1940
Built
County:
Miami-Dade
Property 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.
Exterior Features

Fencing Fenced Inclusions Building & LandLeasesLeases Lot Features City Location Parking Features AssistedCommonOn Street Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 18405 Stories 2

Property Features

Association YN No Business Type Residential-Multi-FamilyRetail Space Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 1 To 3 Year Lease Listing Terms All CashConventional/Refinance New Construction YN No Property Sub Type Income/MultiFamily Public Survey Section 7 Security Features Security Fence Sewer Public Sanitation Special Listing Conditions Sale Structure Type Free Standing Tax Annual Amount 32124 Water Source Public Zoning 4600

Listing courtesy of Global Investments Realty: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. 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. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-05-29T23:51:42.1.
 
https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11470771-2.jpg https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11470771-2.jpg https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11470771-2.jpg
Logo
World Impact Real Estate
4507 Furling Lane, Suite #203
Destin FL, 32541