529 & 585 NW 88th St El Portal FL 33150 MLS #A11582852

529 & 585 NW 88th St
El Portal, FL, 33150
$4,420,000
Beds
0 Baths
7,927 SqFt
2 Acres
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Introducing a highly unique 2-acre Opportunity Zone portfolio in the El Portal neighborhood between Miami Shores and Little River.

Parcel #1 at 529 NW 88 ST contains a cash-flowing, turn-key bungalow community of 12 units spread across 7 separate buildings and is 100% occupied. Private gate access, landscaped grounds, and central courtyard w/ BBQ area for tenants to enjoy.

Parcel #2 at 585 NW 88 ST can essentially be seen as land where you can duplicate a similar duplex community of at least 8 units at relatively low-cost. There is a vacant single-family home currently on that lot which can be renovated and leased in the interim.

Property Details

Price:
$4,420,000
MLS #:
A11582852
Status:
Active
Beds:
0
Baths:
0
Address:
529 & 585 NW 88th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
El Portal
Listed Date:
Apr 19, 2024
State:
FL
Finished Sq Ft:
7,927
ZIP:
33150
Lot Size:
43,496 sqft / 2.00 acres (approx)
Year Built:
1940
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CENTURY 21 Carioti

CENTURY 21 Carioti

Miami, FL Real Estate

Phone 239 298-6550

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2.5%%
Taxes
$32,054

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disclosure
Courtesy of The Alpha Commercial Advisors LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
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529 & 585 NW 88th St
El Portal, FL