Rare waterfront development opportunity in Miami Beach.


Property

Website:https://www.nestseekers.com/5394667
Address:
Miami Beach, FL 33141
Ownership: For Sale
Type: Residential
Lot Size: 0.2 Acres

Financials

Price:$8,200,000
Annual Taxes:$2,273,577

Description

Rare waterfront development opportunity in Miami Beach. Prime 10,200 SF lot (0.23 acres) located at 10 South Shore Dr, featuring an under-construction five-story multifamily project. Plans include 6 luxury residential units and 12 parking spaces, with a projected total building area of approximately 17,435 SF. Proposed residences range from 1,165 to 1,742 SF, designed for modern upscale living, many with direct Intracoastal canal views. The property offers waterfront access with capacity for up to 4 boats (up to 40 ft each), providing a unique opportunity for luxury waterfront development. Zoned RM-1 (Multifamily Residential), this offering presents exceptional potential for developers and investors seeking a high-end residential project in a desirable Miami Beach location. Property is currently classified as vacant land per public records. Existing structure is under construction. All information, including square footage, unit layout, and development details, is based on architectural plans and subject to verification. Buyer responsible to independently verify zoning, permits, and development potential. Sold as-is.

Amenities

  • NotApplicable

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of EXP Realty LLC