Property Description
632 NE 85th St + 8411 Biscayne Blvd. 3 Folios totaling 58,125 SF of land. 25 residential units & 1 retail space in
place, NOI $229,676 currently in place. Rents from $1,000 to $1,750/mo. with space to increase. Properties allow
118 buildable units with direct access to Biscayne Blvd., with a steady cash flow while the project is developed.
There’s the option to purchase a bigger portfolio in the same area from the same owner with up to 317 buildable
units.
Features
: Central Business District, 1-2.5 Acres
: Public Sanitation
: Electricity Connected, Sewer Connected, Electricity Available, Sewer Available, Cable Available, Phone Available, Phone Connected, Trash Removal, Cable Connected, Water Connected
Address Map
FL
Miami-Dade County
Miami
33138
632 NE NE 85th St - Portfolio
BISCAYNE HEIGHTS
0
W81° 49' 13.9''
N25° 51' 13.4''
BISCAYNE HEIGHTS
Additional Information
2
: County Road, City/county Maintained
$32,124
2022
: Municipal Water
4600
Commercial Land For Sale
632 NE NE 85th St - Portfolio, Miami, Florida 33138
58,125 Acre
$8,770,000
Basic Details
Property Type : Commercial Land
Listing Type : For Sale
Price : $8,770,000
Lot Area : 58,125 Acre
Status : Active
Agent info
- Patricia Calvet
-
contact@calvetrealty.com
