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 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 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. 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.

Features
: Central Individual A/c
: Fenced
: 100
: Exterior Lighting, Landscaped, Laundry Facilities
: Vinyl, Wood, Ceramic Floor
: City Location, Central Business District
: Assigned, Free Parking
: Shingle, Various Material(s) Roof
: Smoke Detector(s), Security Fence
: Public Sanitation
Address Details
FL
Miami-Dade County
Miami
33138
8411 Biscayne Blvd
0
Other
: Cbs Construction, Concrete Block Construction
2
: Building & Land, Leases
: 1 To 3 Year Lease
: All Cash, Conventional/refinance, Other Terms
: City Street, Highway
1
: Sale
2
: Office/retail, Free Standing
$17,292
: Public
6100

Commercial Sale For Sale

8411 Biscayne Blvd, Miami, Florida 33138

191,539 Sqft
$32,900,000
Listing ID #A11281884
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11281884
Price : $32,900,000
Lot Area : 191,539 Sqft
Building Area : 54,630 Sqft
Status : Active
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