775 81st St, Miami Beach, FL, 33141
PRESENTING A SITE PLAN APPROVED INFILL DEVELOPMENT OPPORTUNITY WITH STREAMLINED PATH TO PERMIT & INTERIM INCOME IN DESIRABLE NORTH BEACH ENCLAVE. With Design Review Board (DRB) approval already secured and the project advancing toward construction permitting, this thoughtfully scaled residential project significantly reduces pre-development risk and provides a clear, efficient path toward ground-breaking. The approved plans contemplate a modern boutique building with rooftop amenities, private outdoor space, and a residential profile well-suited to the surrounding low-rise neighborhood fabric. Positioned amidst Miami Beach’s enduring demand for newer housing options and limited competing product for approved projects, the opportunity presents a compelling timing advantage with existing cash-flow that allows development on a deliberate & flexible market-driven schedule while more than covering carry costs. The approved project on this site, Marina 81, is a 7-unit boutique modern infill development with Design Review Board (DRB) approval in place and advancing toward construction permitting. Fully entitled at the design level, the project features a thoughtfully curated mix of one- and two-bedroom residences, contemporary architecture, private balconies, ground-floor parking and a rooftop pool and lounge amenity, delivering a tailored solution to the evolving lifestyle needs of the surrounding North Beach area.
Status:
Active
Type:
Lot / Acreage
Zoning:
3900
Subdivision:
BISCAYNE BCH SUB
Acreage:
0.13
Est. Taxes:
$7,070
Current Use
Other
Utilities
Other
Lot Description:
<1 Acre
MLS #:
A11990193
Community Info
School Info
Walk Score
Yelp
Listing courtesy of The Alpha Commercial Advisors LLC 305-697-7011