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
$600 to $1,950/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.

Features
: Assigned, Common, Onstreet
: Publicsewer
Address Map
FL
Miami-Dade County
Miami
33138
8411 Biscayne Blvd - PORTFOLIO
W81° 48' 55.6''
N25° 51' 11.2''
MLS Addon
54,630 Sqft
: Block
302
1
1
1
: Item36months
Cash,Conventional
01-32-07-003-0460
: Retail, Apartment
$20,256
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Commercialsale For Sale

8411 Biscayne Blvd - PORTFOLIO, Miami, Florida 33138

191,539 Sqft
$27,120,000
MLS # #A11470362
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $27,120,000
Year Built : 1936
Lot Area : 191,539 Sqft
MLS # : A11470362
Property Sub Type : Multifamily
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