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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

688 NE 85TH ST PORTFOLIO, MIAMI, FL 33138

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Income/MultiFamily - for Sale

688 NE 85TH ST PORTFOLIO, MIAMI, FL 33138

Asking Price$14,325,000

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  • Lot size 92579sqft
  • Taxes $40,569
  • Year Built 1952

  • Days on market:

    2 day(s)

  • Original Price:

    $14,325,000

  • Tax Legal Description:

    6-7-8 53 42 .83 AC BISCAYNE HGTS PB 2-78 W60FT OF LOT 49 & E90FT OF LOT 50 LESS N10FT LOT SIZE 35100 SQUARE FEET OR 13528-3258 1287 1 COC 22

  • Property Type:

    Income/MultiFamily

  • Parking:

    AssignedCommon On Street

  • Inclusions:

    Building & Land,Leases, Leases

  • Lease Term Remaining:

    1 To 3 Year Lease

  • Special Listing Conditions:

    Sale

  • Lot Features:

    Central Business District City Location

Description

$14,325,000

Lot size: 92,579 sf, 4 adjacent lots blocks, and 9 buildings. zoning: t5-r, buildable units: 138. there are 52 residential units in-place with noi of $372,334. rents from $950 to $1,950/mo. with space to increase. the layout includes studios (20 units); 1/1 (29 units), 2/1 (2 units), and 2/2 (1 unit).

Similar Properties in this Area

$27,120,000

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$38,000,000

1680 NW 4TH AVE, MIAMI, FL 33136
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