Multi-Family Development Opportunity in Prime Location. Lease existing 3bd/3ba SFR while planning & permitting. Option to purchase adjacent property.
Florida, Miami Beach
$1,875,000 / AED6,885,788
Location: Florida, Miami Beach
Plot size & built up area: Sqft
Property Availability Status :
*Multi-Family Development Opportunity in Amazing Location.* Zoned RM-1 with F.A.R of 1.25. Lot area is 11,250 SF allowing 14,062 SF of buildable floor area. Opportunity to purchase adjacent property for a combined lot area of 18,750 SF. Perfect location to build condos or townhouses. Existing structure is a beautifully updated 3 bed/3 bath residence with pool that can be rented while developer moves through planning and permitting stage. This is Centrally located just steps away from everything South Beach has to offer— Lincoln Road, Shopping, Movie theater, Restaurants, Sunset Harbour, Jackie Gleason Theater, Convention Center, Weekend farmer’s market, and the beach. May apply for additional conditional uses.
General Description | |
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Web Reference: | RO-RETSCLS-MX-571329935 |
Ref/MLS No: | A10613079 |
Country: | United States |
State: | Florida |
City: | Miami Beach |
Latitude: | 25.792318 |
Longitude: | -80.138511 |
Exclusive: | No |
Property Type: | Commercial |
Commercial Property Type: | Apartments/Condos |
Furnished: | No |
Tenanted: | No |
No. of Bathrooms: |
Attributes | |
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Lot/Plot Size SqF: | 11250.00 |
Lot/Plot Size SqM: | 1044.96 |