8221 Crespi Blvd, Miami Beach, FL 33141
- $1,850,000
- 5
- BD
- 5
- BA
- 3,104
- SqFt
- List Price
- $1,850,000
- Price Change
- ▼ $50,000 1778558907
- MLS#
- A11619556
- Subdivision
- Biscayne Bch Sub
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 5
- Full baths
- 5
- Living Area
- 3,104
Property 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.
Additional Information
- Days on Market
- 752
- View
- Bay
- Waterfront Description
- WF/Ocean Access, Intracoastal Front, Ocean Access, One Fixed Bridge
- Tax Amount
- $12,481
- Water Access
- Private Dock
- Parcel Number
- 02-32-02-008-2110
- Bedroom Description
- Other
- Front Exposure
- North
- Lot Size
- 5,750
- Exterior Features
- Other
- Parking Restrictions
- Other
- Address
- 8221 Crespi Blvd, Miami Beach
- SqFt Liv Area
- 3,104
- Year Built
- 1956
- Design
- Attached, Half Duplex
- Development Name
- Biscayne Bch Sub
- Style
- House
- Restrictions
- No Restrictions
- Construction Type
- Concrete Block Construction, CBS Construction
- Interior Features
- Other, Family Room
- Section
- 2
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Listing Courtesy of The Corcoran Group, Contact: