Active
8411 Biscayne Blvd PORTFOLIO
Miami FL, 33138
$27,120,000
$141.59 per sqft
Active
4.4 Acres
Land
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).
A11471531
MLSⓇ ID
October 16, 2023
Listed
May 9, 2024
Updated
Map
8411 Biscayne Blvd PORTFOLIO
Miami FL, 33138
Exterior/Building Features
Lot Size
4.4 Acres
Lot Features
Central Business District, City Location, 25-5 Acres
Sewer
Public Sanitation
Other Property Details
Area Name
Biscayne Heights
Taxes
$20,256
Tax Frequency
Annually
Days on Market
2
Garage
No
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
6100
Buyer Agency Compensation
2%
Listed by: Global Investments Realty
Listing Contact: 305-635-3005
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Data last updated 3:13 AM UTC, 5/9/2024.