8411 Biscayne Blvd – PORTFOLIO Miami FL 33138
8411 Biscayne Blvd - PORTFOLIO, FL, 33138Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Bathrooms: 0
- Year built: 1936
- MLS ID: A11470362
Description
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Description:
We are pleased to present this unique opportunity to acquire the largest land assemblage East of Biscayne Blvd.
Show all description
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.
Property details
- Total Building Area: 54630
- Number of Buildings: 18
- Lease Term: 36 Months
- Lot Size Square Feet: 191539
- Parcel Number: 01-32-07-003-0460
- Possession: Close Of Escrow
- Road Frontage Type: County Road,City Street
- Lot Size Area: 191539
- Structure Type: Apartment,Retail
Property Features
- Parking Features: Assigned,Common,On Street
- Construction Materials: Block
- Covered Spaces: 0
- Sewer: Public Sewer
- Waterfront Y/N: 0
- Water Source: Public
Location Details
- County Or Parish: Miami-Dade County
- Zoning Description: 6100
Fees & Taxes
- Tax Annual Amount: 20256
- Tax Legal Description: BISC HGTS PB 2-78 N50FT OF S90FT LOT 32 LOT SIZE 50.000 X 182 OR 13368-3269 0787 5
Miscellaneous
- Public Survey Township: 1
- Public Survey Section: 7
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11470362
Ask our real estate expert about this property
This Multi Family-type commercial real estate is located in 8411 Biscayne Blvd - PORTFOLIO, FL, 33138 was built in 1936, and is listed at $27,120,000.