529 & 585 NW 88th St

El Portal,FL 33150

$ 3699000

- Bed

0 Bath

7927 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

Year Built 1940

Annual Tax Amount $32,054

Lot Size 2.000 Acres

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.

Location

State FL

County Miami-dade

Area 20

Exterior

Waterfront No

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