We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

8411 BISCAYNE BOULEVARD PORTFOLIO, MIAMI, FL 33138

Back

Income/MultiFamily - BISCAYNE HEIGHTS for Sale

8411 BISCAYNE BOULEVARD PORTFOLIO, MIAMI, FL 33138

Asking Price$27,120,000

Share by:
  • Lot size 191539sqft
  • Taxes $20,256
  • Days on market:

    2 day(s)
  • Original Price:

    $27,120,000
  • Tax Legal Description:

    BISC HGTS PB 2-78 N50FT OF S90FT LOT 32 LOT SIZE 50.000 X 182 OR 13368-3269 0787 5
  • Tax Year:

    2022
  • Property Type:

    Income/MultiFamily
  • Waterfrontage (sqft):

    90
  • Lot Features:

    Central Business District City Location 2.5-5 Acres

Description

$27,120,000

We are 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 story) totaling 95 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. rents from $600 to $1,950/mo. and noi of 700k. 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, 22 minutes to mia airport (eta).

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty