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529 & 585 Nw 88th St, El Portal, FL – $3,699,000

  • $3.7M Price
  • 2 Acres
  • 164 DOM
  • $3.7M Price
  • 2 Acres
  • 164 DOM

529 & 585 Nw 88th St

Introducing a highly unique 2-acre Opportunity Zone portfolio in the El Portal neighborhood between Miami Shores and Little River. Parcel #1 Quaint, convenient, renovated and cash-flowing, 529 NW 88 ST is a self-contained 12 units property that features private gated access and central courtyard w/ plenty of space for tenants to BBQ and enjoy the landscaped grounds. Parcel #2 at 585 NW 88 ST is a charming renovation-ready single family home on a full acre lot where zoning allows for the development of 8 total units of the same bungalow style as the model community non-contiguous to the east. Relatively simple to replicate and low-cost to build, the developer can model the proven concept of the 1st phase and either hold or flip upon completion.

Essential Information

  • MLS® #A11582852
  • Price$3,699,000
  • Bathrooms0.00
  • Acres2.00
  • Year Built1940
  • TypeCommercial
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address529 & 585 Nw 88th St
  • Area20
  • CityEl Portal
  • CountyMiami-Dade
  • StateFL
  • Zip Code33150-2447

Additional Information

  • Date ListedMay 7th, 2024

Listing Courtesy of

The Alpha Commercial Advisors LLC

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Price Change History for 529 & 585 Nw 88th St, El Portal, FL (MLS® #A11582852)

Date Details Change
Price Reduced from $3,900,000 to $3,699,000 $201,000 (5.15%)
Price Reduced from $4,390,000 to $3,900,000 $490,000 (11.16%)
Price Reduced from $4,420,000 to $4,390,000 $30,000 (0.68%)