8221 Crespi Boulevard, Miami Beach, FL 33141
- $1,850,000
- 5
- BD
- 5
- BA
- 3,104
- SqFt
- List Price
- $1,850,000
- MLS#
- A11619556
- Bedrooms
- 5
- Bathrooms
- 5
- Sq. Ft
- 3,104
- Lot Dimensions
- 5750
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Biscayne Bch Sub
- Region
- 2320
- Year Built
- 1956
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.
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Additional Information
- Heating
- Heat Pump, Wall Furnace
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Roof
- Barrel, Concrete, Flat, Tile
- Sewer
- Public Sewer
- Water
- Public
- Exterior Features
- Other
- Flooring
- Ceramic Tile, Tile, Vinyl
- Construction
- Block
- Living Area
- 3,104
- Elementary School
- Biscayne Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
Listing courtesy of The Corcoran Group. Contact: