We are pleased to present this unique opportunity to acquire the largest land assemblage East of Biscayne Blvd.
Website: | https://www.nestseekers.com/3152758 |
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Address: | 8411 Biscayne Blvd PORTFOLIO Miami, FL 33138 |
Ownership: | For Sale |
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Type: | Land |
Pets: | Pets Allowed |
Financials
Price: | $27,120,000 |
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Annual Taxes: | $20,256 |
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 story) 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. Rents from $600 to $1,950/mo. and NOI of 700K. 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, 22 minutes to MIA airport (ETA).
Contact
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
Courtesy of Global Investments Realty |