Basic Information

  • MLS # A11619556
  • Type Single Family Home
  • Subdivision/Complex Biscayne Bch Sub
  • Year Built 1956
  • Total Sqft 5,750
  • Date Listed 07/08/2024
  • Days on Market 351
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.

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • WF Description Bayfront, Fixed Bridge, Intracoastal Access, Ocean Access
  • Parking Description Other
  • Exterior Features Other

Interior Features

  • Adjusted Sqft 3,104Sq.Ft
  • Interior Features Other
  • Sqft 3,104 Sq.Ft

Property Features

  • Aprox. Lot Size 5,750
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Biscayne Bch Sub
  • Tax Amount $12,481
  • Tax Year 2023

8221 Crespi Blvd

Miami Beach, FL 33141

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