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655 NE 85th St PORTFOLIO Miami, FL $ 4,950,000
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$ 4,950,000 Get more info
655 NE 85th St PORTFOLIO
$ 4,950,000
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Share Save

655 NE 85th St PORTFOLIO

Miami, FL, 33138
$ 4,950,000
Baths0.0 Sq 10,068

Monthly Estimate*

$ 32,899

655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 1
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655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 8
655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 9
655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 10
655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 11
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655 NE 85th St PORTFOLIO, Miami, FL 33138 - Image 17
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Studio

Commercial Property for sale in Miami, FL

for $4,950,000. This 10,068 square foot building was built in 1949 on a lot size of 0.937.

Covered Land Play. Lot Size 40,835 SF. 4 Adjacent Lots, 3 buildings and 2 vacant lots. Zoning is T5-R. Buildable Units: 61. There are 18 residential units in-place generating an NOI of $114,391. Rents from $600 to $1,550/mo. with space to increase.

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Commercial Active

Price

$ 4,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,180

Style

Detached

Lot Size

0.937

Year Built

1949

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11470802
Features
General
Sewer PublicSewer
Possession CloseOfEscrow
Architectural Style Detached
Construction Materials Block
Year Built 1949
Stories 2
Levels Two
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 4600
NumberOfUnitsTotal 18
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 40835.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 85th St PORTFOLIO
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17180.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11470802
Days on Market 2
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description 6 7 8 53 42 .25 AC BISC HGTS PB 2-78 W91.5FT OF S1/2 LOT 37 LESS S10FT FOR ST LOT SIZE 11020 SQUARE FEET OR 17240-1599 0296 1
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Exterior
Water Source Public
Lot Size Area 40835.0
Number of Buildings 3
Spa N
Building Area Total 10068.0
Lot Size Acres 0.937
Covered Spaces 0.0
Number of Separate Electric Meters 18
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 655
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* Excluded Features
List By
Global Investments Realty

Broker

joel@glirealty.com

Email

Affordability Calculator

$34,331
Per Month
96%
4%
0%
Monthly Principal & Interest
$32,899
Monthly Property Taxes
$1,432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/17/2023$4,950,000 Listed Price

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655 NE 85th St PORTFOLIO, Miami, FL, 33138 is a Commercial Property for sale at $4,950,000 with 10,068 sqft and a lot size of 0.937. 655 NE 85th St PORTFOLIO is a studio with 0.0 baths and was built in 1949. The property's zip code is 33138 which is in Miami, FL

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