Miami, FL 33138 632 NE 85th St - Portfolio
$8,770,000
13 more
Presented By: This listing is courtesy of Global Investments Realty;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 18,405
Home Details
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.
Presented By: This listing is courtesy of Global Investments Realty;
Interior Features for 632 NE 85th St - Portfolio
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 632 NE 85th St - Portfolio
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CountyMiami-Dade County
Days on Market1
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBISC HGTS PB 2-78 LOT 31 LESS N10FT FOR ST LOT SIZE 41745 SQ FT OR 22987-2803/24636-626 0704 4
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet58125.0
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal25
Occupancy TypeTenant
Ok to LeaseItem36Months
PossessionCloseOfEscrow
PostalCityMiami
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesFenced
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Street Name85th St - Portfolio
Structure TypeMultiFamily, Retail
Tax Annual Amount32124.0
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1940
Zoning Description4600
Exterior for 632 NE 85th St - Portfolio
Building Area Total18405.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.334
Lot Size Area58125.0
Number of Buildings9
Number of Separate Electric Meters26
Open Parking Y/NNo
Parking FeaturesCommon, OnStreet
SpaNo
Water SourcePublic
Additional Details
Price History
