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8411 Biscayne Blvd

Miami, FL 33138
  • $32,900,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: A11281884
UPDATED: 69 min ago
$32,900,000
  • 0
    BEDS
  • 4.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Global Investments Realty is 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 stories) totaling 97 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. 97 residential units in-place with rents from $500 to $1,450/mo. and NOI of +/-686K. Great covered land play. 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.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-02T15:51:21.523.
www.thepaizgroup.com/homes/133543681
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8411 Biscayne Blvd Miami, FL 33138

  • Price: $32,900,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 69 min ago
  • MLS #: A11281884
0
Beds
0
Baths
0
½ Baths
4.39
Acres
County:
Miami-Dade
Property Description
Global Investments Realty is 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 stories) totaling 97 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. 97 residential units in-place with rents from $500 to $1,450/mo. and NOI of +/-686K. Great covered land play. 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.
Exterior Features

Construction Materials Concrete Block ConstructionCbs Construction Fencing Fenced Frontage Length 90 Inclusions Building & LandLeases Lot Features Central Business DistrictCity Location Parking Features AssignedFree Parking Parking Total 100 Pool Private YN No Road Frontage Type City StreetHighway Roof ShingleVarious Material(S) Roof View YN No Waterfront YN No

Interior Features

Building Area Total 54630 Building Features Exterior LightingLandscapedLaundry Facilities Cooling Central Individual A/C Flooring Ceramic FloorVinylWood Stories 2

Property Features

Association YN No Business Type ApartmentsRetail Space Cooling YN Yes Documents Available Books & RecordsDeedCopy Of Lease(S)Other Available InformationRent Rolls Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 1 To 3 Year Lease Listing Terms All CashConventional/RefinanceOther Terms New Construction YN No Ownership Corporation Public Survey Section 7 Security Features Smoke Detector(S)Security Fence Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type Free StandingOffice/Retail Tax Annual Amount 17292 Tenant Pays A/C & Heating MaintenanceElectricity Water Source Public Year Built Details Resale Zoning 6100

Listing courtesy of Global Investments Realty: 305-635-3005.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-02T15:51:21.523.
 
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The Paiz Group | EWM Realty International
1700 East Las Olas Boulevard Suite 103
Fort Lauderdale FL, 33301