Waterfront
Address
Not Disclosed, Miami Beach, FL
Price
$ 3,990,000
Property Attributes
  • MLS#A11557168
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area32
  • NeighborhoodISLE OF NORMANDY MIAMI VI
  • Zip33141
  • StyleFourplex
  • Year Built1950
  • Taxes$ 18727
  • Price$ 3,990,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3331
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

OPPORTUNITY FOR DEVELOPERS! WATERFRONT lot in front of North Bay Village. A unique opportunity to acquire land to build luxury units in the fastest growing area of Miami Beach, where developers spent $143.5 million on land acquisitions, to build around 3,000 new condos and apartments. The land has 8,959 sqft. Currently there is 5 units multifamily generating stady income. 60 ft on the water with private dock. 2140 BAY DRIVE IS ALSO AVAILABLE, BOTH LOTS ARE 17918 SQFT IN TOTAL AND ALLOWS BIGGER DEVELOPEMENTS.

Price History
3/26/2024 Listed $4,200,000
3/26/2024 5% - $3,990,000

General Features

Sewer PublicSewer
Heating None
Cooling WallWindowUnits
Utilities CableAvailable
Possession CloseOfEscrow
Roof Other
Architectural Style Fourplex
Pool Features None
Construction Materials Other
Year Built 1950
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
Waterfront Features BayFront
County Miami-Dade County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name ISLE OF NORMANDY MIAMI VI
Garage Y/N No
Rent Includes HotWater,Sewer,TrashCollection,Water
Status Active
City Miami Beach
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Zoning Description 3900
MLS Area 32
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name Bay Dr
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Effective Year Built
Land Lease Y/N No
Tax Annual Amount 18727.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11557168
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Miami Beach
Legal Description MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 14 BLK 40 LOT SIZE 52.090 X 172 OR 15622-1048 0892 1

Interior Features

Flooring CeramicTile
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Total Parking 5.0
Spa No
Building Area Total 3331.0
Frontage Length 60
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33141

Price
AVG $1.77M
$3.99M
Taxes
AVG $14,407
$18,727
Visits
AVG 180
145
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1950

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