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.
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.
Property Details
Price:
$8,770,000
MLS #:
A11470771
Status:
Active
Beds:
0
Baths:
0
Address:
632 NE 85th St – Portfolio
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Oct 16, 2023
State:
FL
Finished Sq Ft:
18,405
ZIP:
33138
Lot Size:
58,125 sqft / 1.33 acres (approx)
Year Built:
1940
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Parking Features
Assisted, Common, On Street
Financial
Buyer Agent Compensation
2%%
Taxes
$32,124
Map
Community
- Address632 NE 85th St – Portfolio Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
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632 NE 85th St – Portfolio
Miami, FL
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