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.