USD 1,695,000

1425 Bay Rd
Miami Beach, Florida 33139

For Sale

Property Description

This 6,000 square foot property represents the opportunity to acquire a vacant lot in one of the most desirable
areas of Miami Beach. This property is ripe for redevelopment -- the Miami Design Review Board has approved a 7,500 square foot multifamily building for this site.

The potential to assemble a total of 21,000 square feet exists by acquiring 3 adjacent
folios to the east.

As the South Florida market continues to grow across all economic sectors, we expect a multifamily market rate apartment building, boutique condo project, townhomes, short-term rental or spec single family homes to be the highest and best use for this site.

Listed by Beacon Hill Property Group, LLC.

Property Details

ID #
A10998429
Status
Sale
Type
Commercial, Land
Zip Code
33139
Lot Area
6,098ft2
Water Source
City/mains water
Septic
City sewer
Fuel Type
Electric
Location
Beach Area, Corner Lot
Lot
Less Than 1 Acre
On Site Utilities
Phone Line
Road Type
Legal Access Road, Public Road
Utilities
Internet
Water View
Bay View
Zoning Information
3900

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