8411 Biscayne Blvd – PORTFOLIO Miami FL 33138 MLS #A11470362

8411 Biscayne Blvd – PORTFOLIO
Miami, FL, 33138
$27,120,000
Beds
0 Baths
54,630 SqFt
0 Acres
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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 minute drive to North Beach.

Property Details

Price:
$27,120,000
MLS #:
A11470362
Status:
Active
Beds:
0
Baths:
0
Address:
8411 Biscayne Blvd – PORTFOLIO
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Oct 16, 2023
State:
FL
Finished Sq Ft:
54,630
ZIP:
33138
Year Built:
1936
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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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Assigned, Common, On Street

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Buyer Agent Compensation
2%%
Taxes
$20,256

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8411 Biscayne Blvd – PORTFOLIO
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