Property > Commercial > > United States > Florida > Multi-Family Development Opportunity in Prime Location. Lease existing 3bd/3ba SFR while planning & permitting. Option to purchase adjacent property.

Multi-Family Development Opportunity in Prime Location. Lease existing 3bd/3ba SFR while planning & permitting. Option to purchase adjacent property.

Florida, Miami Beach

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AED 6,885,788 ( $1,875,000) Property Type: Commercial Unit Type: Apartments/Condos Location: Florida, Miami Beach Bedrooms: Studio Plot size: 11,250 Sq ft Watch Video
*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
Web Reference: RO-RETSCLS-MX-571329935
Listing Ref No: A10613079
Country: United States
City: Miami Beach
State: Florida
Latitude: 25.792318
Longitude: -80.138511
Exclusive: No
Property Type: Commercial
Commercial Property Type: Apartments/Condos
Furnished: No
Tenanted: No
Attributes
Lot/Plot Size SqF: 11250.00
Lot/Plot Size SqM: 1044.96
Agent Sladja Stantic Company Douglas Elliman

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