8411 Biscayne Blvd

Miami, FL, 33138

$29,750,000

$544 per ft²
$29,750,000
$544 per ft²
Active
Active
 - For Sale
carpenters-square
54,630 ft²
property_type
Commercial
calendar
Built 1936
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 $500 to $1,450/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.
MLS® ID:
A11352458
Listed:
3/5/23
Updated:
3/31/23
Luxury Living International | Real Estate
Mobile: 312-953-9567Office: 305-889-8400Email: LLi@LuxuryLivingInternational.io

Exterior/Building Features

Lot Size
4.4 acres lot
Sewer
Public Sanitation

Other Property Details

Taxes
$20256
Tax Frequency
per YEAR
Garage
No
Parking
Assigned
View
N
County
Miami-Dade County
Water Source
Public
Pool
No
Total Stories
2
Zoning
6100
Sub Agency Compensation
3%
Buyer Agency Compensation
3%
Transaction Broker Compensation
3%

Courtesy of Joel Rodriguez with Global Investments Realty
Listing Contact:  

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2023 Miami Association of REALTORS® all rights reserved. 

Data last updated 8:51 AM UTC, 3/31/23.

Luxury Living International | Real Estate
Mobile: 312-953-9567Office: 305-889-8400Email: LLi@LuxuryLivingInternational.io
Contact