Back to search
8411 Biscayne Blvd - PORTFOLIO Miami, FL $ 27,120,000
Share Save
$ 27,120,000 Get more info
8411 Biscayne Blvd - PORTFOLIO
$ 27,120,000
Back to search
Share Save

8411 Biscayne Blvd - PORTFOLIO

Miami, FL, 33138
$ 27,120,000
Baths0.0 Sq 54,630

Monthly Estimate*

$ 180,248

8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 1
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 2
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 3
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 4
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 5
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 6
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 7
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 8
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 9
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 10
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 11
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 12
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 13
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 14
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 15
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 16
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 17
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 18
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 19
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 20
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 21
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 22
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 23
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 24
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 25
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 26
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 27
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 28
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 29
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 30
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 31
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 32
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 33
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 34
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 35
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 36
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 37
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 38
8411 Biscayne Blvd - PORTFOLIO, Miami, FL 33138 - Image 39
View a Virtual Tour
Studio

Commercial Property for sale in Miami, FL

for $27,120,000. This 54,630 square foot building was built in 1936 on a lot size of 4.39713.

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.

See more
Commercial Active

Price

$ 27,120,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,256

Style

MultiFamily

Lot Size

4.39713

Year Built

1936

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11470362
Features
General
Sewer PublicSewer
Possession CloseOfEscrow
Construction Materials Block
Year Built 1936
Stories 2
Levels Two
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6100
NumberOfUnitsTotal 95
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 191539.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Biscayne Blvd - PORTFOLIO
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 20256.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11470362
Days on Market 1
Structure Type Apartment Retail
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description BISC HGTS PB 2-78 N50FT OF S90FT LOT 32 LOT SIZE 50.000 X 182 OR 13368-3269 0787 5
See more
Exterior
Parking Features Assigned Common OnStreet
Water Source Public
Lot Size Area 191539.0
Number of Buildings 18
Spa N
Building Area Total 54630.0
Covered Spaces 0.0
Number of Separate Electric Meters 96
Road Frontage Type CountyRoad CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
See more
Internal Only
Street Number 1 8411
See more
* Excluded Features
List By
Global Investments Realty

Broker

joel@glirealty.com

Email

Affordability Calculator

$181,936
Per Month
99%
1%
0%
Monthly Principal & Interest
$180,248
Monthly Property Taxes
$1,688
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2023$27,120,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

8411 Biscayne Blvd - PORTFOLIO, Miami, FL, 33138 is a Commercial Property for sale at $27,120,000 with 54,630 sqft and a lot size of 4.39713. 8411 Biscayne Blvd - PORTFOLIO is a studio with 0.0 baths and was built in 1936. The property's zip code is 33138 which is in Miami, FL

Get more info