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529 & 585 NW 88th St
529 & 585 NW 88th StEl PortalFL 33150

$3,699,000
For Sale Price Reduced
Tools
Size
43,496 Sq Ft.
interior
2 Acres
Exterior
Financial
$3,699,000
Change Currency
$85
Price Per Sqft
$32,054
Annual taxes
Listing Details
Multi Family
Property type
1940
Year Built
11464295
Web Id
2843424-A11582852
MLS ID
150
Days Posted

Description

529 & 585 NW 88th St,

El Portal, FL 33150

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.

Price History

datepricevariancetype
8/30/2024$3,699,000 5.15 %decreased
4/19/2024$3,900,000-Listed
Listing By: The Alpha Commercial Advisors LLC via Data Source: MIAMI MLS 
listing agent: Jamie Maniscalco


Located at 529 & 585 NW 88th St, El Portal, Florida 33150, this Multi Family is for Sale with a price of $3,699,000 USD. The property was built in 1940,. This listing has 43,496 Sq.Ft. of interior space on a lot of 2 Acres. See all Homes for Sale in El Portal.
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