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15 photos
$1,765,000
$1,950,000 9.5%
Est. payment /mo
4,181 SqFt
UPDATED:
Key Details
Sold Price $1,765,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,181 sqft
Price per Sqft $422
Subdivision Bay View Sub
MLS Listing ID A11803413
Style Fourplex
Year Built 1938
Annual Tax Amount $39,498
Tax Year 2024
Property Sub-Type Quadruplex
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
Heating Other
Cooling Wall/Window Unit(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description Other
Story 2
Sewer Other
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by One Sotheby's International Re
Bought with Uncommon Properties
Bought with Uncommon Properties
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