Basics
Date added Added 2 days ago | Category Single Family Residence | Type Residential | Status Active |
Bedrooms 5 beds | Bathrooms 5 baths | Half baths 0 half baths | Total rooms 0 |
Area, sq ft 3104 sq ft | Lot size, sq ft 5750 sq ft | Year built 1956 | SubdivisionName BISCAYNE BCH SUB |
ListOfficeName The Corcoran Group | GarageSpaces 0 | View Bay | ListAOR Miami Association of REALTORS® |
MLS ID A11619556 |
Description
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Description:
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Ceiling Fan(s), Wall/Window Unit(s)
- ArchitecturalStyle: Attached, Half Duplex
- NewConstructionYN: No
- Building Name: BISCAYNE BCH SUB
- Exterior material: CBS Construction, Concrete Block Construction
- Roof: Barrel Roof, Concrete, Flat Tile
- Heating: Reverse Cycle Unit, Window/Wall
- Parking: Other
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11513080
Amenities & Features
- Features:
- Security Features: Smoke Detector
- Amenities:
- CommunityFeatures: None
- ExteriorFeatures: Other
- Waterfront available: Yes
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No