Property Description
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.
Features
: Fenced
: Common, Onstreet
: Publicsewer
Address Map
FL
Miami-Dade County
Miami
33138
632 NE 85th St - Portfolio
W81° 48' 56.9''
N25° 51' 12.3''
MLS Addon
18,405 Sqft
: Block
193
1
1
1
: Item36months
Cash,Conventional
01-32-07-003-0430
: Retail, Multifamily
$32,124
Commercialsale For Sale
632 NE 85th St - Portfolio, Miami, Florida 33138
58,125 Sqft
$8,770,000
MLS # #A11470771
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $8,770,000
Year Built : 1940
Lot Area : 58,125 Sqft
MLS # : A11470771
Property Sub Type : Multifamily
