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688 NE 85th St Portfolio, Miami, FL 33138
$14,325,000
688 NE 85th St Portfolio, Miami, FL 33138View this property at 688 NE 85th St Portfolio, Miami, FL 33138
688 NE 85th St PortfolioMiamiFL33138
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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).
Full Property Details
Full Property Details for 688 NE 85th St Portfolio
General
- Price: $14,325,000
- Taxes: $40,569 (2022)
- Status: Active
- Type: Commercial Land
- MLS ID: A11471725
- Updated: 1/25/2024
- Added to Site: 220 day(s) ago
Location
- Area: Biscayne Heights
- County: Miami-Dade County
- Subdivision: BISCAYNE HEIGHTS
- Building Name: BISCAYNE HEIGHTS
Community
- Community Name: Biscayne Heights
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Other Style
Lot Features
- Lot Size (Acres): 2.125
- Lot Size (Sq. Ft.): 92,579
- Lot Dimensions: 394 x 234
- Frontage Feet: 394
- Lot Features: Central Business District, City Location, 1-2.5 Acres
- Potential Use: Central Urban, Urban Commercial
- Zoning: 4600
Financial Considerations
- Tax Amount: $40,569
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- 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
- Property ID: 01-32-07-003-0980
Listed by Global Investments Realty
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Schools
Schools serving 688 NE 85th St Portfolio
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
840 Ne 87th St, Miami, FL 33138 | PK-5 | 0.2 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 26.9 mi | |
8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.2 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 2 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 21.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 688 NE 85th St Portfolio
Date
Details
Price
Change
Source
10/16/2023
Listed
$14,325,000
1991.24%
MLS
8/25/2004
Sold
$685,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 688 NE 85th St Portfolio
Year
Property Taxes
Change
Tax Assessment
Change
2023
$40,835
24%
$3,670,000
38%
2021
$33,058
-12%
$2,660,000
-22%
2022
$37,472
6%
$3,420,000
26%
2021
$35,286
12%
$2,718,000
181%
2019
$31,624
40%
$966,039
10%
2018
$22,581
25%
$878,218
-9%
2017
$18,113
7%
$970,000
34%
2016
$16,970
7%
$725,800
10%
2015
$15,890
10%
$659,819
10%
2014
$14,498
17%
$599,836
10%
2013
$12,352
—
$545,306
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 688 NE 85th St Portfolio
688 NE 85th St Portfolio, Miami, FL 33138 (MLS# A11471725) is a Commercial Land property with a lot size of 2.125 acres. 688 NE 85th St Portfolio is currently listed for $14,325,000 and was received on October 16, 2023. Want to learn more about 688 NE 85th St Portfolio? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.