RealPro Group S. Fl Real Estate
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632 NE NE 85th St - Portfolio Miami, FL 33138
Price: $8,770,000
Type of Property: Area: 32
Style of Property: Other Style
ID#: 1011471627 Zoning_Information: 4600
Tax Amount: 32124
Status: Active & AvailableTax Year: 2022
Approximate Lot Size: 58125
County: Miami-Dade County
Folio Number: 01-32-07-003-0430
Listed Date year/month/day: 2023-10-18
Legal:BISC HGTS PB 2-78 LOT 31 LESS N10FT FOR ST LOT SIZE 41745 SQ FT OR 22987-2803/24636-626 0704 4

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.


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RealPro Group, Inc. is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.This property is listed by Global Investments Realty .
South Florida Real Estate
RealPro Group, Inc.
Licensed Real Estate Broker
 Equal Housing Opportunity
Joe A. Ardolino

Broker

Phone: 305 710-0119
Realtor - Multiple Listing Service
joe@realprogroup.com
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