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8411 Biscayne Blvd - Portfolio

Miami, FL 33138
  • $27,120,000
  • STATUS: Active
  • ON SITE: 221 Days
  • MLS #: A11470362
UPDATED: 35 min ago
$27,120,000
  • 0
    BEDS
  • 4.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1936
County:

School Ratings & Info

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.

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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 2024-05-25T15:53:18.37.
www.searchingfloridaproperties.com/homes/144429474
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8411 Biscayne Blvd - Portfolio Miami, FL 33138

  • Price: $27,120,000
  • Status: Active
  • On Site: 221 Days
  • Updated: 35 min ago
  • MLS #: A11470362
0
Beds
0
Baths
0
½ Baths
4.4
Acres
1936
Built
County:
Miami-Dade
Property 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.
Exterior Features

Inclusions Building & LandLeasesLeases Parking Features AssignedCommonOn Street Pool Private YN No Road Frontage Type City StreetCounty Road View YN No Waterfront YN No

Interior Features

Building Area Total 54630 Stories 2

Property Features

Association YN No Business Type ApartmentsRetail 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 Sewer Public Sanitation Special Listing Conditions Sale Structure Type Free Standing Tax Annual Amount 20256 Water Source Public Zoning 6100

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 2024-05-25T15:53:18.37.
 
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World Impact Real Estate
4507 Furling Lane, Suite #203
Destin FL, 32541