Commercial Real Estate

Zebur

305.6000958
Commercial SaleMulti Family8411 Biscayne Blvd - PORTFOLIO, FL, 33138

8411 Biscayne Blvd – PORTFOLIO Miami FL 33138

8411 Biscayne Blvd - PORTFOLIO, FL, 33138
    $27,120,000.00
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    Location Details

    • County Or Parish: Miami-Dade County
    • Zoning Description: 6100

    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
    • Stories: 2

    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

    Basics

    Miscellaneous

    • Public Survey Township: 1
    • Public Survey Section: 7
    • Syndication Remarks: Attractive covered land play. 4.39 acres with 317 buildable units by right. 18 existing buildings totaling 95 residential units and 1 retail space,

    Description

    • 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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    This -type commercial real estate is located in , was built in 1936, is listed at $27,120,000.00, and has a area.

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