632 NE 85th St - Portfolio

$8,770,000

107,639 sqft lot
632 NE 85th St - Portfolio Shorecrest

1

Home61's Closings in

Shorecrest

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
107,639 sqft
Tax
$ 32,124
$ /sqft
-
Half Bath/WC
-
Parking Space
1
Building
-
On market
202 days
$ /sqft
-
Type
other
Year Built
1940
Unit
-
Zip Code
33138
Ref./MLS ID
A11470771

DESCRIPTION

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.  


Data is provided by Miami Board of Realtors.

Public transportation

Biscayne Bd & NE 85 St
16
3
33
1 mins
Biscayne Bd & NE 83 St
16
3
33
2 mins
Biscayne Bd & NE 87 St
16
3
33
2 mins
Biscayne Bd & NE 82 St
16
3
33
4 mins

Nearby School In Shorecrest

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
2
Horace Mann Middle School
6-8
1.1 miles
3
Morningside K-8 Academy
PK-6
1.2 miles
6
Phyllis R. Miller Elementary School
PK-5
0.3 miles
6
Miami Shores Elementary School
PK-5
1.2 miles
Listed on October 17, 2023 by Joel Rodriguez from Global Investments Realty, this other is for sale. other for sale in Shorecrest listed at $8,770,000, Reference A11470771

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