Active
632 NE 85th St - Portfolio
Miami FL, 33138
$8,770,000
$476.50 per sqft
Active
18,405 sqft
Commercial
Built in 1940
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.
A11470771
MLSⓇ ID
October 16, 2023
Listed
May 9, 2024
Updated
Map
632 NE 85th St - Portfolio
Miami FL, 33138
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.33 Acres
Lot Features
City Location
Sewer
Public Sanitation
Other Property Details
Taxes
$32,124
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
Assisted, Common, On Street
View
No
County
Miami-Dade County
Water Source
Public
Pool
No
Zoning
4600
Buyer Agency Compensation
2%
Listed by: Global Investments Realty
Listing Contact: 305-635-3005
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Data last updated 3:12 AM UTC, 5/9/2024.