USD 29,750,000

8411 Biscayne Blvd
Miami, Florida 33138

For Sale

Property Description

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 stories) 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. 95 residential units in-place with rents from
$500 to $1,450/mo. and NOI of +/-700K. Great covered land play. 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.

Listed by Global Investments Realty

Property Details

ID #
A11352458
Status
Sale
Type
Commercial, Industrial
Zip Code
33138
Lot Area
191,229ft2
Year Built
1936
Water Source
City/mains water
Septic
City sewer
Lease Term
1 To 3 Year Lease
Miscellaneous
Laundry Facilities
Occupancy
Tenant Occupied
Parking
Assigned Parking
Road Frontage
City Road, State Road
Type of Building
Apartments
Utilities
Internet
Zoning Information
6100
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings