Active
632 NE NE 85th St - Portfolio
Miami FL, 33138
$8,770,000
Active
Commercial
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.
A11471627
MLSⓇ ID
October 16, 2023
Listed
May 9, 2024
Updated
Map
632 NE NE 85th St - Portfolio
Miami FL, 33138
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.33 Acres
Lot Features
Central Business District, 1-25 Acres
Sewer
Public Sanitation
Other Property Details
Area Name
Biscayne Heights
Taxes
$32,124
Tax Frequency
Annually
Days on Market
2
Garage
No
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
4600
Buyer Agency Compensation
2%
Listed by: Global Investments Realty
Listing Contact: 305-635-3005
Based on information from the 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 3:04 AM UTC, 5/9/2024.