529 & 585 NW 88th St El Portal FL 33150 MLS #A11582852

529 & 585 NW 88th St
El Portal, FL, 33150
$3,699,000
Beds
0 Baths
7,927 SqFt
2 Acres
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Introducing a highly unique 2-acre Opportunity Zone portfolio in the El Portal neighborhood between Miami Shores and Little River.

Parcel #1 Quaint, convenient, renovated and cash-flowing, 529 NW 88 ST is a self-contained 12 units property that features private gated access and central courtyard w/ plenty of space for tenants to BBQ and enjoy the landscaped grounds.

Parcel #2 at 585 NW 88 ST is a charming renovation-ready single family home on a full acre lot where zoning allows for the development of 8 total units of the same bungalow style as the model community non-contiguous to the east. Relatively simple to replicate and low-cost to build, the developer can model the proven concept of the 1st phase and either hold or flip upon completion.

Property Details

Price:
$3,699,000
MLS #:
A11582852
Status:
Active
Beds:
0
Baths:
0
Address:
529 & 585 NW 88th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
El Portal
Listed Date:
Apr 19, 2024
State:
FL
Finished Sq Ft:
7,927
Total Sq Ft:
7,927
ZIP:
33150
Lot Size:
43,496 sqft / 2.00 acres (approx)
Year Built:
1940
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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