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8221 Crespi Blvd, Miami Beach FL 33141

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$1,950,000

5

5

3,104 SF

$628

 
PROPERTY TYPESingle Family Residence
Lot Size5,750 SF
YEAR BUILT1956
WATERFRONTYes
STYLEAttached,Half Duplex
PARKINGYes
SWIMMING POOLNo
STATUSActive

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    Property 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.

    LIST PRICE $1,950,000
    PRICE CHANGE0%
    BEDS 5
    BATHS 5
    1/2 BATHS 0
    LIVING SIZE 3,104 SF
    PRICE SF$628
    YEAR BUILT 1956
    WATERFRONT Yes
    VIEWBay
    SWIMMING POOL In Ground
    STYLE Attached,Half Duplex
    CONSTRUCTION CBS Construction
    PARKING Yes
    PARKING SPACES
    FLOORING TYPE No
    MLS A11619556
    PROPERTY TYPESingle Family Residence
    STATUS Active
    DATE LISTED 2024-07-08
    DAYS ON MARKET 268
    FURNISHED
    Pets Allowed No
    CITY Miami Beach
    ZIP33141
    STATE FL
    SUBDIVISION BISCAYNE BCH SUB
    HOA FEES $0
    TAXES $12,481
    TAXES YEAR 2023

    ROAD VIEW

    SATELLITE VIEW

    bird’s eye view

    STREET VIEW

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