8221 Crespi Blvd, Miami Beach, FL, 33141
5 beds
5 Full baths
1956
Duplex
3,104 sqft
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
Status:
Active
Type:
Single-family residential
Zoning:
3900
Frontage:
50
Subdivision:
BISCAYNE BCH SUB
Garage:
Other
Heating:
Heat Pump, Wall Furnace
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Est. Taxes:
$12,481
Construction
Block
Lot Description:
< 1/4 Acre
View Description:
Bay
Waterfront:
Yes
Days on Market:
253
Appliances:
Dishwasher, Disposal
Pool:
None
MLS #:
A11619556
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of The Corcoran Group Phone: 305-395-4982