6030 SW 40th St Miami, FL 33155 United States

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Mon-Friday, 9am-6pm Closed Saturdays and Sundays

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.

Features
: Assigned, On Street, Common
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami
33138
8411 Biscayne Blvd - PORTFOLIO
0
W81° 48' 55.6''
N25° 51' 11.2''
Additional Information
1
: Building & Land, Leases
: 1 To 3 Year Lease
: County Road, City Street
: Sale
2
: Free Standing
$20,256
: Public
6100

Commercial Sale For Sale

8411 Biscayne Blvd - PORTFOLIO, Miami, Florida 33138

191,539 Acre
$27,120,000
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $27,120,000
Year Built : 1936
Listing Terms : All Cash, Conventional/refinance
Lot Area : 191,539 Acre
Status : Active
Building Area : 54,630 Sqft
Property SubType : Income/multifamily
Agent info
Patricia Calvet
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