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529 NW 88th St El Portal, FL $ 2,400,000
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$ 2,400,000 Get more info
529 NW 88th St
$ 2,400,000
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Share Save

529 NW 88th St

El Portal, FL, 33150
$ 2,400,000
Baths0.0 Sq 6,667

Monthly Estimate*

$ 15,951

529 NW 88th St, El Portal, FL 33150 - Image 1
529 NW 88th St, El Portal, FL 33150 - Image 2
529 NW 88th St, El Portal, FL 33150 - Image 3
529 NW 88th St, El Portal, FL 33150 - Image 4
529 NW 88th St, El Portal, FL 33150 - Image 5
529 NW 88th St, El Portal, FL 33150 - Image 6
529 NW 88th St, El Portal, FL 33150 - Image 7
529 NW 88th St, El Portal, FL 33150 - Image 8
529 NW 88th St, El Portal, FL 33150 - Image 9
529 NW 88th St, El Portal, FL 33150 - Image 10
529 NW 88th St, El Portal, FL 33150 - Image 11
529 NW 88th St, El Portal, FL 33150 - Image 12
529 NW 88th St, El Portal, FL 33150 - Image 13
529 NW 88th St, El Portal, FL 33150 - Image 14
529 NW 88th St, El Portal, FL 33150 - Image 15
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Studio

Commercial Property for sale in El Portal, FL

for $2,400,000. This 6,667 square foot building was built in 1940 on a lot size of 0.998531.

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

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Commercial Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 32,054

Style

MultiFamily

Lot Size

0.998531

Year Built

1940

Town/City

El Portal

County/Region

Miami-Dade

MLS | Web ID

A11611001
Features
General
Year Built 1940
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
Home Owner Assoc: N
Attached Garage N
Garage Y/N N
Status Active
City El Portal
View Y/N N
Senior Community Y/N N
Zoning Description 5100
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 43496.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 32054.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11611001
Days on Market 131
Structure Type MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description 1 53 41 1 AC PL OF HOME ACRES PB 39-22 LOT 11 BLK 2 LOT SIZE 139.410 X 312 OR 18069-0994 0697 4 COC 23179-1825 03 2005 2
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Exterior
Lot Size Area 43496.0
Spa N
Building Area Total 6667.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 529
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* Excluded Features
List By
The Alpha Commercial Advisors Llc

Broker

jamie@thealphacomm.com

Email

Affordability Calculator

$18,622
Per Month
86%
14%
0%
Monthly Principal & Interest
$15,951
Monthly Property Taxes
$2,671
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/27/2024$2,400,000 -4.00% Price Down
7/15/2024$2,500,000 -10.71% Price Down
6/21/2024$2,800,000 Listed Price

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529 NW 88th St, El Portal, FL, 33150 is a Commercial Property for sale at $2,400,000 with 6,667 sqft and a lot size of 0.998531. 529 NW 88th St is a studio with 0.0 baths and was built in 1940. The property's zip code is 33150 which is in El Portal, FL

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