$ 3,699,000
529 & 585 NW 88th St El Portal, FL 33150
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$ 3,699,000
Est. payment | /mo
7,927 SqFt
$ 3,699,000
Est. payment | /mo
7,927 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,927 sqft
Price per Sqft $466
MLS Listing ID A11582852
HOA Y/N No
Year Built 1940
Annual Tax Amount $32,054
Contingent Pending Inspections
Lot Size 2.000 Acres
Acres 2.0
Property Description
Introducing a highly unique 2-acre Opportunity Zone portfolio in the El Portal neighborhood between Miami Shores and Little River.
Parcel #1 Quaint, convenient, renovated and cash-flowing, 529 NW 88 ST is a self-contained 12 units property that features private gated access and central courtyard w/ plenty of space for tenants to BBQ and enjoy the landscaped grounds.
Parcel #2 at 585 NW 88 ST is a charming renovation-ready single family home on a full acre lot where zoning allows for the development of 8 total units of the same bungalow style as the model community non-contiguous to the east. Relatively simple to replicate and low-cost to build, the developer can model the proven concept of the 1st phase and either hold or flip upon completion.
Parcel #1 Quaint, convenient, renovated and cash-flowing, 529 NW 88 ST is a self-contained 12 units property that features private gated access and central courtyard w/ plenty of space for tenants to BBQ and enjoy the landscaped grounds.
Parcel #2 at 585 NW 88 ST is a charming renovation-ready single family home on a full acre lot where zoning allows for the development of 8 total units of the same bungalow style as the model community non-contiguous to the east. Relatively simple to replicate and low-cost to build, the developer can model the proven concept of the 1st phase and either hold or flip upon completion.
Location
State FL
County Miami-dade
Area 20
Exterior
Waterfront No
Others
Tax ID 30-31-01-002-0300
Listed by The Alpha Commercial Advisors LLC
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