Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Global Investments Realty is pleased to present this unique opportunity to acquire the largest land assemblage East of Biscayne Blvd. with T5 zoning. Properties also includes cash flow from rental units, making this an attractive covered land play. 4.39 acre development site with 317 buildable unit by right. 18 existing buildings (1 & 2 story) totaling 97 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. 97 residential units in-place with rents from $500 to $1,450/mo. and NOI of +/-686K. 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).

Features
: City Location, Central Business District, 1-2.5 Acres, Near School
: Public Sanitation
: Electricity Connected, Sewer Connected, Water Connected, Trash Removal, Cable Available
Address Details
FL
Miami-Dade County
Miami
33138
8411 Biscayne Blvd
BISCAYNE HEIGHTS
0
Other
1
: All Cash, Conventional, Other Terms
: Public Road
1
$17,292
2021
: Municipal Water
6100

Commercial Land For Sale

BISCAYNE HEIGHTS

8411 Biscayne Blvd, Miami, Florida 33138

191,539 Sqft
$32,900,000
Listing ID #A11281222
Basic Details
Property Type : Commercial Land
Listing Type : For Sale
Listing ID : A11281222
Price : $32,900,000
Lot Area : 191,539 Sqft
Status : Active
Contact Agent