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Presented by: Global Investments Realty Powered by Highrises

688 NE 85th St, Miami, FL 33138 listing image 1

For Sale

$14,325,000

688 NE 85th St, Miami, FL 33138

-Bed
0Bath
-SqFt

-Bed
0Bath
-SqFt

Property Type
Condo
On highrises
214 Days

Property Details

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).

Property Features

Bathrooms

Total Bathrooms: 0

Exterior and Lot Features

Road Frontage Type: CountyRoad
Road Responsibility: PublicMaintainedRoad

Land Info

Lot Size Acres: 2.1253214
Lot Size Dimensions: 394x234
Lot Size Square Feet: 92579

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Rental Info

Gross Scheduled Income: 630094

Other Property Info

Annual Tax Amount: 40569
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2022
Source Property Type: Land
Source Neighborhood: BISCAYNE HEIGHTS
Parcel Number: 01-32-07-003-0980
Postal City: Miami
Postal Code Plus 4: 3530
Subdivision: BISCAYNE HEIGHTS
Zoning Description: 4600
Source System Name: C2C

Utilities

Sewer: PublicSewer
CableAvailable
ElectricityAvailable
PhoneAvailable
SewerAvailable
TrashCollection
WaterAvailable
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
05/08/2024	Listed for rent	$1,495	-	MiamiMLS
10/18/2023	Listed	$14,325,000	-	MiamiMLS
09/20/2023	Listing removed	-	-	MiamiMLS
09/11/2023	Listed for rent	$1,275	-	MiamiMLS
08/02/2023	Listing removed	$13,750,000	-	MiamiMLS
06/05/2023	Listed	$13,750,000	-	MiamiMLS
04/12/2023	Listing removed	-	-	MiamiMLS

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$40,569	-	+	-	=	$1,285,796
2021	$35,286	-	+	-	=	$1,168,906
2020	$34,433	-	+	-	=	$1,062,642
2019	$31,623	-	+	-	=	$966,039
2018	$22,581	-	+	-	=	$878,218
2017	$18,113	$526,500	+	$443,500	=	$970,000
2016	$16,970	-	+	-	=	$725,800

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
8953 NE 4th Avenue Rd Unit 8953	$315K	2	2	954	954
680 NE 64th St Apt A112	$450K	2	1	926	926
650 NE 64th St Apt G506	$275K	0	1	571	571
1553 NE 105th St Unit 2-9	$479K	2	3	N/A	N/A
1000 Quayside Ter Apt 1101	$729K	3	3	1913	1913
9035 NE 4th Avenue Rd Unit 9035	$370K	3	3	952	952

Presented by:
Joel Rodriguez
state license#0545697

Brokered by:
Global Investments Realty
(305) 635-3005

Broker Location:

MIAMI

Data Source:

MiamiMLS

Source's Property ID:

A11471725

Data Source Copyright:

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$14,325,000

688 NE 85th St, Miami, FL 33138

688 NE 85th St, Miami, FL 33138

Property Details

Property Features

Bathrooms

Exterior and Lot Features

Land Info

Homeowners Association

Rental Info

Other Property Info

Utilities

Property History

Property Price

Property Tax

Neighborhood

Environmental Risk

Nearby Home Values

Discover More

Learn more about 688 NE 85th St

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