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632 NE Ne 85th St - Portfolio

Miami, FL 33138
  • $8,770,000
  • STATUS: Active
  • ON SITE: 224 Days
  • MLS #: A11471627
UPDATED: 104 min ago
$8,770,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
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.

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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 2024-05-30T07:51:26.447.
www.searchingfloridaproperties.com/homes/144487345
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632 NE Ne 85th St - Portfolio Miami, FL 33138

  • Price: $8,770,000
  • Status: Active
  • On Site: 224 Days
  • Updated: 104 min ago
  • MLS #: A11471627
0
Beds
0
Baths
0
½ Baths
1.33
Acres
Neighborhood:
Biscayne Heights
County:
Miami-Dade
Area:
Biscayne Heights
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

Frontage Length 90 Lot Features Central Business District1-2.5 Acres Pool Private YN No Road Frontage Type County RoadCity/County Maintained Road Responsibility Public Maintained Road View YN No Waterfront YN No

Property Features

Association YN No Building Name Biscayne Heights Horse YN No New Construction YN No Public Survey Section 7 Sewer Public Sanitation Tax Annual Amount 32124 Tax Year 2022 Water Source Municipal Water 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 2024-05-30T07:51:26.447.
 
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4507 Furling Lane, Suite #203
Destin FL, 32541