$1,290,000 Exceptional development opportunity in the heart of Miami Beach's rapidly evolving North Beach neighborhood. This 5,625 SF RM-1 zoned site is offered with Design Review Board (DRB) approved plans for a modern 4-story, 7-unit boutique residential building, significantly reducing development risk and expediting the path toward permitting. The approved project includes a desirable mix of one- and two-bedroom residences with private balconies, rooftop pool and lounge, ground-floor parking, and contemporary architecture designed for today's market. The property also features a fully renovated 3-bedroom, 2-bath single-family home with a new roof and impact windows, providing immediate rental income while final permits are obtained. Located just blocks from the beach, Collins Avenue, parks, shopp 3 Beds ⋅ 2 Baths ⋅ B26051713 MLS Exceptional development opportunity in the heart of Miami Beach's rapidly evolving North Beach neighborhood. This 5,625 SF RM-1 zoned site is offered with Design Review Board (DRB) approved plans for a modern 4-story, 7-unit boutique residential building, significantly reducing development risk and expediting the path toward permitting. The approved project includes a desirable mix of one- and two-bedroom residences with private balconies, rooftop pool and lounge, ground-floor parking, and contemporary architecture designed for today's market. The property also features a fully renovated 3-bedroom, 2-bath single-family home with a new roof and impact windows, providing immediate rental income while final permits are obtained. Located just blocks from the beach, Collins Avenue, parks, shopp 775 81st Street, Miami Beach
$1,850,000 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. 5 Beds ⋅ 5 Baths ⋅ A11619556 MLS ⋅ Biscayne Bch Sub BLDG. 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. 8221 Crespi Blvd, Miami Beach