7625 Biscayne Blvd - Apartments FOR SALE


Miami, FL 33138- Upper East Side North
$4,200,000 USD
786-285-7739
7625 Biscayne Blvd, Miami, FL for Sale
$4,200,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

7625 Biscayne Blvd
Miami, FL 33138
Upper East Side North


HIGHLIGHTS

  • A unique property located in the MiMo District, in one of Miami’s growing markets, Upper East Side.
  • Mixed-use property is located right on Biscayne Blvd., enhancing its accessibility and visibility.
  • The unit mix comprises 1 office space, 2 stores, and 13 residential units: nine studios, four units of 1/1, and one unit of 2/2.

OVERVIEW

Global Investments Realty is pleased to present an opportunity to acquire a unique property located in the MiMo District, in one of Miami’s growing markets, Upper East Side. Mixed-use property is located right on Biscayne Blvd., enhancing its accessibility and visibility. Total lot of 9,100 SF with a 2-story apartment building. The unit mix comprises 1 office space, 2 stores, and 14 residential units: nine studios, four units of 1/1, and one unit of 2/2. Annual Rent Income of $411,000 (AO 1/31/2025). Conveniently zoned T6-8-O and T4-R. Rent Roll and T12 can be provided by inquiry or during the Due Diligence period.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$541 USD /SF

# OF UNITS

17

PRICE/UNIT

$247,059

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,100 SF

ZONING

T6-8-O / T4-R

APN/PARCEL ID

01-3207-018-0140

ASK ABOUT THIS PROPERTY

Joel RodriguezGlobal Investments Realty, Inc.More Info
786-285-7739

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Joel RodriguezGlobal Investments Realty, Inc.More Info
786-285-7739

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.