439 NE 23rd St Miami, FL
$ 10,750,000
Property Attributes
  • MLS#A10726472
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • Zip33129
  • StyleMulti Family
  • Year Built1972
  • Taxes72240
  • Price$ 10,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Riviera Horizons LLC
Property Description

Assumable Loan Available. Asking 255k a door in Prime Edgewater! Contact Agent for full Offering Memorandum. MILPORT was originally constructed in 1972 and consists of 42 units on six different stories and is located in the highly desirable area of Edgewater. Only 12 of the 42 units have been remodeled with the remodeled units generating an average of 27% more than non-remodeled units. The property is currently situated on a 0.51-acre lot with 38,853 of rentable square feet. One exciting feature is the highly coveted T6-36 zoning allowing the opportunity for an investor to convert the property into a 36-story high-rise. The property has also been approved by the city for Short Term Rentals, allowing an investor to re-position the property and generate substantially more income.

Price History
8/20/2019 Listed $10,750,000

General Features

MLS Area 32
Property SubType Multi Family
Property Type Commercial Sale
Zoning Description 4604

Exterior Features

Lot Size Area 22500
Lot Size Square Feet 22500
Number of Buildings 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33129

AVG $4.23M
AVG $28,480
AVG 51
Year Built
AVG 1977
AVG 68
Data Provided by Walkscore ® not using MLS data

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