$8,770,000
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.632 NE 85TH ST, MIAMI, FL 33138
Income/MultiFamily - for Sale
632 NE 85TH ST, MIAMI, FL 33138Asking Price$8,770,000
- Lot size 58125sqft
- Taxes $32,124
- Year Built 1940
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Days on market:
2 day(s) Original Price:
$8,770,000Tax Legal Description:
BISC HGTS PB 2-78 LOT 31 LESS N10FT FOR ST LOT SIZE 41745 SQ FT OR 22987-2803/24636-626 0704 4-
MLS:
A11470771 -
Property Type:
Income/MultiFamily -
Parking:
AssistedCommon On Street -
Inclusions:
Building & Land,Leases, Leases
Lease Term Remaining:
1 To 3 Year LeaseSpecial Listing Conditions:
SaleLot Features:
City Location