632 NE Ne 85th St - Portfolio, Miami, FL, 33138

632 NE Ne 85th St - Portfolio, Miami, FL, 33138 < >
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for sale
$8,770,000
Lot Size:1.33 Acres
Status:Active
MLS #:A11471627
Date Updated:
For information contact:
Hermann Zingg
786-426-6496
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Go See This Home
632 NE 85th St + 8411 Biscayne Blvd. 3 Folios totaling 58,125 SF of land. 25 residential units & 1 retail space in place, NOI $229,676 currently in place. Rents from $1,000 to $1,750/mo. with space to increase. Properties allow 118 buildable units with direct access to Biscayne Blvd., with a steady cash flow while the project is developed. There's the option to purchase a bigger portfolio in the same area from the same owner with up to 317 buildable units.
Interior Details
Style of Property: Other StyleProperty Sq Ft: 58125

Exterior Details
Approximate Lot Size: 58125Lot Depth: 340
Lot Description: 1-2.5 AcresLot Frontage: 90
Lot Sq Footage: 58125

Community Information
Area: 32County Or Parish: Miami-Dade County
Flood Zone: AELocation: Central Business District
Subdivision Complex Bldg: BISCAYNE HEIGHTSSubdivision Name: BISCAYNE HEIGHTS
Zoning Information: 4600Parcel Number MLX: 0430

Property Information From MLS Data
Virtual Tour: Click hereProperty Type: Land-Commercial/Business/Agricultur

Financial Information
Auction YN: 0REOYN: 0
Short Sale YN: 0

Utilities
Water Description: Municipal WaterSewer Description: Public Sanitation

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Monthly Payment for 632 NE Ne 85th St - Portfolio
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$8,770,000
Down Payment:
Loan Amount:$7,016,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Global Investments Realty
Information obtained from FLMAOR is current as of 4/28/2024 11:05 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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