Active
8411 Biscayne Blvd - PORTFOLIO
Miami FL, 33138
$27,120,000
$496.43 per sqft
Active
54,630 sqft
Commercial
Built in 1936
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.
A11470362
MLSⓇ ID
October 16, 2023
Listed
February 15, 2024
Updated
Map
8411 Biscayne Blvd - PORTFOLIO
Miami FL, 33138
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4.4 Acres
Sewer
Public Sanitation
Other Property Details
Taxes
$20,256
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Assigned, Common, On Street
View
No
County
Miami-Dade County
Water Source
Public
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.
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Data last updated 8:40 PM UTC, 2/15/2024.