LOCATION, LOCATION, LOCATION!! In the heart of South Beach, CORNER CONDO COMPLEX, CURRENTLY AN INCOME PRODUCING PROPERTY, 3 UNITS (2/2) ARE RENTED AND ARE OWNED BY 2 OWNERS, uNIT 1 (2/2) IS ALSO AVAILABLE, BUT NOT INCLUDED IN THE PRICE. tHE PRICE INCLUDES UNITS 2,3 & 4. MULTIFAMILY ZONING RM1 ALLOWS NEW DEVELOPMENT TO BUILD UP TO 55FT HEIGHT FOR UP TO 4 STROIES. 1.25 FAR. E. UNIT 1 IS COMPLETELY REMODELED. COLLECT RENT WHILE YOU UPGRADE THE UNITS OR PREPARE FOR TEAR DOWN FOR DEVELOPMENT. IDEAL. UNIT 1 IS LISTED AT $800,000 MLS#A11277365. TOTAL LAND 6,720 SQ FT. EA. UNIT IS 1186 SQ FT. 2 BLOCKS FROM LINCOLN RD, SHOPS, RESTAURANTS, ETC. THE ADJACENT BUILDING 1310-15TH STREET WILL BE COMING TO THE MARKET SOON, COMBINED, YOU CAN HAVE 12,320 SQ FT AVAILABLE FOR DEVELOPMENT.
Courtesy of: Avanti Way Realty LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 7th October, 2022 8:46 AM (UTC)