La Belle Mar Corp
LA BELLE MAR REALTY, La Belle Mar CorpPhone: (786) 953-7807
Email: [email protected]
listing
1 of 0
Commercial
$32,900,000
8411 Biscayne Blvd
Miami, FL 33138
Courtesy of Global Investments Realty
MLS: MIAMI Association of REALTORS
Est. Mortgage
$169,924/mo

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 +/-686K. 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.

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Information courtesy of Global Investments Realty is subject to verification and is not guaranteed.
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