Address
688 NE 85th St PORTFOLIO, Miami, FL
Price
$ 14,325,000
Property Attributes
  • MLS#A11471725
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • NeighborhoodBISCAYNE HEIGHTS
  • Zip33138
  • Style
  • Taxes$ 40569
  • Price$ 14,325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.125 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Covered land play. Lot Size: 92,579 SF, 4 Adjacent Lots Blocks, and 9 buildings. Zoning: T5-R, Buildable Units: 138. There are 52 residential units in-place with NOI of $372K. Rents from $950 to $1,950/mo. with space to increase. The layout includes studios (20 units); 1/1 (29 units), 2/1 (2 units), and 2/2 (1 unit).

Price History
10/18/2023 Listed $14,325,000

General Features

Sewer PublicSewer
Utilities CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable
Possession CloseOfEscrow
Tax Year 2022
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name BISCAYNE HEIGHTS
Garage Y/N No
Status Active
City Miami
View Y/N No
Senior Community Y/N No
Zoning Description 4600
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 92579.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 40569.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11471725
Days on Market 2
Standard Status Active
MobileHomeRemainsYN No
PostalCity Miami
Legal Description 6-7-8 53 42 .83 AC BISCAYNE HGTS PB 2-78 W60FT OF LOT 49 & E90FT OF LOT 50 LESS N10FT LOT SIZE 35100 SQUARE FEET OR 13528-3258 1287 1 COC 22

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 92579.0
Spa No
Lot Dimensions 394x234
Lot Size Acres 2.125
Covered Spaces 0.0
Road Frontage Type CountyRoad
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33138

Price
AVG $5.46M
$14.33M
Taxes
AVG $28,599
$40,569
Visits
AVG 217
568
Data Provided by Inside Real Estate®
Walkscore
AVG 86
83
Data Provided by Walkscore® not using MLS data

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