8411 Biscayne Blvd

Miami, FL, 33138

$32,900,000

$602 per ft²
$32,900,000
$602 per ft²
Active
Active
 - For Sale
carpenters-square
54,630 ft²
property_type
Commercial
Global Investments Realty is 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 97 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. 97 residential units in-place with rents from $500 to $1,450/mo. and NOI of +/-686K. 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.
MLS® ID:
A11281884
Listed:
9/27/22
Updated:
11/27/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Ceramic Floor, Vinyl, Wood
Cooling
Central Individual A/C

Exterior/Building Features

Lot Size
4.4 acres lot
Architectural Style
Free Standing, Office/Retail
Lot Details
Central Business District, City Location
Roof
Shingle, Various Material(S) Roof
Sewer
Public Sanitation

Other Property Details

Taxes
$17292
Tax Frequency
per YEAR
Garage
No
Parking
Assigned, Free Parking
Parking Total
100.0
View
N
County
Miami-Dade County
Water Source
Public
Pool
No
Total Stories
2
Zoning
6100

 

Courtesy of Global Investments Realty, Joel Rodriguez,
Listing Contact:  

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 2:46 AM UTC, 11/27/22.

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