8411 Biscayne Blvd – PORTFOLIO , Miami, FL 33138

  • $27,120,000
Active

8411 Biscayne Blvd – PORTFOLIO , Miami, FL 33138

  • $27,120,000
  • Address 8411 Biscayne Blvd - PORTFOLIO
  • City Miami
  • State/county FL
  • Zip/Postal Code 33138

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.

Details

  • Property ID: A11470362
  • Price: $27,120,000
  • Property Size: 54630 sqft
  • Garage Size: x x
  • Year Built: 1936
  • Property Type: Multi Family
  • Property Status: Active
  • MLS#: A11470362

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Chic Living Miami, LLC. tel: 305-915-7607

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