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519 NE 83rd St
Miami, FL 33138

$5,750,000 USD

Apartments For Sale  •  8,178 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,178 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 4.00 %
  • Zoning RU-4A
0 Transit Score
90 Walk Score

Highlights

WELL-LOCATED MIAMI DEVELOPMENT SITE (JUST WEST OF BISCAYNE BLVD IN URBAN CORE)
HIGH-DENSITY ZONING - 150/UNITS PER ACRE + REDUCED PARKING REQUIREMENTS
PROPERTY BORDERS 15-ACRE MEGA-DEVELOPMENT SITE (DOWNTOWN EL PORTAL MIXED-USE DISTRICT)

Property Flyers

Financial Summary

Cap Rate: 4.00 %

Public Transportation

Commuter RailDriveWalkDistance
Dr. Martin Luther King Jr. Plaza (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 10 min - 4.6 mi
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 11 min - 5.1 mi
AirportDriveWalkDistance
Miami International 26 min - 12.3 mi
Fort Lauderdale/Hollywood International 28 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
John Sasso 954-817-7299 UNITED REAL ESTATE FORT LAUDERDALE LLC
John Sasso 954-817-7299 UNITED REAL ESTATE FORT LAUDERDALE LLC