632 Ne Ne 85th St - Portfolio St
Miami, Florida
$8,770,000 Price
- Bedrooms   - Baths

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.,...

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.

Listing courtesy of Global Investments Realty

 

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Miami, Florida
Type: Townhouse
Price: $8,770,000
Annual Re Tax: $32,124
Web ID: 11471627
MLS ID: A11471627

Info & Amenities

Type: Land

Listing Agent(s)