8411 Biscayne Blvd, Miami, Miami-Dade County, FL, 33138 Miami FL US

USD 29,750,000
For Sale MLS: A11393355

Property Details

Bedrooms

5

Bathrooms

7

Neighborhood

Upper East Side

Property Type

Lots And Land

Description

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 $500 to $1,450/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. Find out more about this property. Request details here

Location

Address

8411 Biscayne Boulevard, Miami, Florida 33138, United States

City

Miami

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