8411 Biscayne Blvd PORTFOLIO, Miami FL, 33138

Active

8411 Biscayne Blvd PORTFOLIO

Miami FL, 33138

$27,120,000

$141.82 per sqft

Active

4.39 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

February 15, 2024

Updated

Map

8411 Biscayne Blvd PORTFOLIO
Miami FL, 33138

Exterior/Building Features

Lot Size: 4.39 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

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 8:41 PM UTC, 2/15/2024.