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$1,950,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Bay View Sub
MLS Listing ID A11802552
HOA Y/N No
Annual Tax Amount $37,918
Tax Year 2024
Property Sub-Type Other
Property Description
Prime Corner Development Opportunity in the Heart of Miami Beach's West Avenue Corridor. Located on a prominent corner lot, this non-historic 4-plex offers exceptional redevelopment potential in a highly sought-after area. Zoned RM-1, the property is eligible for a max building height of 50ft.The allowable height may increase to 55ft if the ground level is used for non-habitable parking or amenities--permitting the development of a 5-story condominium or the addition of 3 stories to the existing structure. Currently configured as a multifamily property
w/4 spacious 2-bed/1-bath units, the building features impact windows & 4 dedicated parking spaces. Ideal for investors, developers,or end-users looking to capitalize on the growing demand in one of Miami Beach's most vibrant neighborhoods.
w/4 spacious 2-bed/1-bath units, the building features impact windows & 4 dedicated parking spaces. Ideal for investors, developers,or end-users looking to capitalize on the growing demand in one of Miami Beach's most vibrant neighborhoods.
Location
State FL
County Miami-dade
Community Bay View Sub
Area 32
Interior
Window Features Impact Glass
Exterior
Private Pool Yes
Building
Faces South
Sewer Public Sewer
Water Public
Others
Tax ID 02-32-33-018-0080
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11802552
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Listed by One Sotheby's International Re