640 Ne 80th St, Miami, FL 33138

$5,690,000

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List Price
$5,690,000
Price Change
▲ $5,121,000 1790014532
MLS#
A12092654
Status
ACTIVE
Type
Commercial

Property Description

A unique opportunity for large developers to acquire a strategic, continuous multi-parcel assemblage at 622, 630 and 640 NE 80th Street (Three folios), situated in Miami’s highly desirable Upper Eastside / Shorecrest corridor. Positioned just steps off Biscayne Boulevard and minutes from the booming Little River Innovation District, this continuous three-lot property offers high residential density, exceptional zoning parameters, and turnkey project viability in one of Miami’s most rapidly appreciating infill markets. Investment & Development Overview Development Rights: By right up to 63 residential units by right, providing high yield for multi-family rentals, boutique condominium communities, or mixed-use designs. Parking Capacity: Up to 90 parking spaces (~1.43 spaces per unit), fulfilling transit requirements and offering a major competitive advantage for future residents in an urban location. Strategic Positioning: Located just east of Biscayne Boulevard and one block from NE 79th Street—a major east-west commercial artery connecting mainland Miami directly to the beaches. The Buyer and the Buyer's Agent are solely responsible for verifying and confirming all legal, zoning, land use, and development matters related to the Property.

Additional Information

Days on Market
0
Tax Amount
$11,800
Parcel Number
01-32-07-016-3370
Lot Size
13,750
Address
640 Ne 80th St, Miami
Development Name
Shorecrest
Development
Shorecrest
Section
7

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Listing Courtesy of Finka Realty Group, LLC, Contact: