Land in Miami Beach, Florida № 1228684

Property description

Income-Producing Complex in Prime SOUTH BEACH Location.
Corner Lot advantage, two story building. Currently an income producing property of 4 units (2beds/2baths).
The List Price includes units 2,3 & 4; are rented and are owned by 1 owner. Unit 1 (2/2) is also available, completely remodeled but is not included in the listing price.
Collect rent while you upgrade the units or prepare for tear down for development. Multifamily zoning RM-1 allows new development to build up to 55ft height for up to 4 stories.
Total land 6,720 sqft. ea. unit is 1191 sqft aprox
Walking distance to Lincoln road, shops, beaches, restaurants, major grocery chains, and venetian causeway.
Each unit is very spacious and comes with its own parking spot on premises.
Contact Listing Agent to schedule a showing