Miami Beach, FL 33139

Property

Ownership: For Sale
Type: Land
Lot Size: 0.2 Acres

Financials

Price:$2,399,900
Annual Taxes:$31,022
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Luxe Properties

Development Land Multifamily Redevelopment Opportunity RM 1 Zoning Residential Multifamily, Low Intensity.

Description

Development Land / Multifamily Redevelopment Opportunity – RM-1 Zoning (Residential Multifamily, Low Intensity).Shovel-ready opportunity with fully approved City of Miami Beach plans included, allowing a buyer to significantly reduce the typical zoning, design, and permitting timeline and move toward construction quickly.Approved plans feature six (6) oversized 3-bedroom, 2-bathroom residences of approximately 1,310 SF each, offering a larger-format residential product in the South Beach market.The property currently includes existing multifamily structures, providing the potential for holding income while the buyer finalizes construction and development plans. Proposed amenities include secure gated parking, private lobby entry, expansive wraparound terraces, and an exclusive rooftop pool and amenity deck.Excellent opportunity for a developer or investor seeking an approved multifamily redevelopment project in Miami Beach. Approved plans and additional development documents are available in the MLS attachments. For additional information, development plans, and supporting documents, please contact Deni Alvarez.

Amenities

  • Curbs
  • Sidewalks
  • Street Lights

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.