8411 Biscayne Blvd - Portfolio, Miami

$27,120,000

0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information
MLS® #A11470362
Price$27,120,000
Bathrooms0.00
Acres0.00
Year Built1936
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address8411 Biscayne Blvd - Portfolio
Area32
CityMiami
CountyMiami-Dade County
StateFL
Zip Code33138-3526
Amenities
ParkingAssigned, Common, On Street
Interior
# of Stories2
StoriesTwo
Exterior
ConstructionBlock
Additional Information
Date ListedOctober 16th, 2023
Days on Market198
Listing Details
Listing Courtesy ofGlobal Investments Realty
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