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$3,699,000
Est. payment /mo
7,927 SqFt
Active
529 & 585 NW 88th St El Portal, FL 33150
UPDATED:
10/11/2024 05:10 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
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
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
If you have been thinking about selling your home, or are looking to buy your dream home, Jenise welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.