Single Family Residence for sale in BISCAYNE BCH SUB
Details
Description
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.
Features
Property Features
- Cooling: Ceiling Fan(s),Wall/Window Unit(s)
- Heating: Reverse Cycle Unit,Window/Wall
- Flooring: Ceramic Floor,Tile,Vinyl
- Appliances: Dishwasher,Disposal
- Architectural Style: Attached,Half Duplex
- Roof: Barrel Roof,Concrete,Flat Tile
- Livingroom Features: Family Room
Additional Features
- Exterior Features: Other
- View: Bay
- Parking: Other
- Lot: Less Than 1/4 Acre Lot
- Interior Features: Other,Family Room
Fees, Maintenance & Taxes
- Tax Annual Amount: $0
School Information
- County: Miami-Dade County