8411 Biscayne Blvd - Portfolio, Miami, FL, 33138

8411 Biscayne Blvd - Portfolio, Miami, FL, 33138 < >
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for sale
$27,120,000
Year Built:1936
Status:Active
MLS #:A11470362
Date Updated:
For information contact:
Hermann Zingg
786-426-6496
Get More Information
Go See This Property
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 min
Interior Details
Building Sq Ft: 54630Style of Property: Income Non-Waterfront
Property Sq Ft: 191539Num Floors: 2
Num Stories: 2.0000

Exterior Details
Approximate Lot Size: 191539Lot Sq Footage: 191539
Parking Description: Assigned Parking, Common Parking, Street Parking

Community Information
Area: 32County Or Parish: Miami-Dade County
Flood Zone: AEZoning Information: 6100
Parcel Number MLX: 0460

Property Information From MLS Data
Construction Type: Concrete Block ConstructionVirtual Tour: Click here
Year Built: 1936Property Type: Commercial/Industrial

Financial Information
Auction YN: 0Short Sale YN: 0

Utilities
Water Description: Public WaterSewer Description: Public Sanitation

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Monthly Payment for 8411 Biscayne Blvd - 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:$27,120,000
Down Payment:
Loan Amount:$21,696,000
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 5/3/2024 6:10 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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