$1,975,000
For Sale
7823 sqft | 12 beds | 8 baths | #A11760191
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point neighborhood, or tear down and build up to 5 stories, creating 10 spacious units with a total of 14,831 sq. ft. of buildable area. Just minutes from the beach, this property presents a rare opportunity to either generate immediate rental income or embark on a new development project in one of Miami Beach’s most sought-after locations!

  • Property Details
      • Lot Description1/4 To Less Than 1/2 Acre Lot
      • InteriorFirst Floor Entry, Other
      • SubdivisionBISCAYNE BEACH-3RD ADDN
      • Property SubtypeSingle Family Residence
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
      • Parking TypeOn Street
      • MLS #A11760191
      • MLS #A11760191
      • Property TypePurchase
      • Cost1975000
      • ViewOther
      • Structure TypeHouse
      • Square Feet7823
      • Year Built1954
      • Bedrooms12
      • Bathrooms8
      • Full Baths8

Location

Steven del AmoReal Estate Group
OR

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Interest Rate

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6.0%

Tax Rate

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2.6%
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