632 NE NE 85th St - Portfolio, Miami, 33138

  • $8,770,000

Listing UP for Sale

Miami

632 NE NE 85th St - Portfolio, Miami, 33138

Miami

  • $8,770,000

Overview

Property ID: A11471627
  • 58125
  • Lot sqft

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.

  • Address 632 NE NE 85th St - Portfolio
  • City Miami
  • State/county Florida, Miami-Dade County
  • Zip/Postal Code 33138
  • Country United States

Details

Updated on March 11, 2024 at 3:34 pm
  • Property ID: A11471627
  • Price: $8,770,000
  • Land Area: 58125 sqft
  • Property Status: Listing UP for Sale

Additional details

  • Days On Market: 2
  • Lot Size: 58125
  • Sub Division: BISCAYNE HEIGHTS

Listing Agent Contact Information

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Joel Rodriguez
  • Joel Rodriguez