Price Reduced 5.00%

$3,990,000 ($1,197.84 per sqft)

Est. Mortgage $21,775/mo *

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Price History

$4,200,000
3/26/2024

$3,990,000
3/26/2024

1950

Fourplex

3,331 sqft

OPPORTUNITY FOR DEVELOPERS! WATERFRONT lot in front of North Bay Village. A unique opportunity to acquire land to build luxury units in the fastest growing area of Miami Beach, where developers spent $143.5 million on land acquisitions, to build around 3,000 new condos and apartments. The land has 8,959 sqft. Currently there is 5 units multifamily generating stady income. 60 ft on the water with private dock. 2140 BAY DRIVE IS ALSO AVAILABLE, BOTH LOTS ARE 17918 SQFT IN TOTAL AND ALLOWS BIGGER DEVELOPEMENTS.

Status:

Active

Type:

Multi-family

Zoning:

3900

Frontage:

60

Subdivision:

ISLE OF NORMANDY MIAMI VI

Heating:

None

Cooling:

Wall/Window Unit(s)

Parking:

5-car

Est. Taxes:

$18,727

Construction

Other

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Waterfront:

Yes

Pool:

None

MLS #:

A11557168

Community Info

School Info

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Listing courtesy of Beachfront Realty Inc Phone: 305-405-0615