House in Miami Beach, Florida 5 bedrooms, 288.37 sq.m. № 1240617

Property description

Miami Beach development potential! This 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. This duplex has a two bedroom two bathroom in the front, and three bedroom and three bathroom in rear with water views. This unique opportunity sits amongst a quiet neighborhood within walking distance to the beach and Miami's famous Collins Avenue, including prestigious dining, shopping, and nightlife in nearby Surfside and Bal Harbor. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway. Current rent roll - $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living.