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!
MLS# | A11638805 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1954 |
Days On Site | 264 |
Listing Provided By | EXP Realty LLC | Brian R Btesh PA |
SQ Feet | 7,823 |
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Zoning | 3900 |
Acreage | 11865.00 |
State | FL |
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County | Miami Dade |
City | Miami Beach |
Zip Code | 33141 |
Area | 32 |
Listing VS Median (in 33141) | |
Price: $1,975,000 low | high Med: $188,950 SqFt: 7,823 low | high Med: 453 $ / SqFt: $252 low | high Med: $418 On site: 264 low | high Med: 51.500000 |