Land - Residential Development in Miami Beach, FL – Approved 7-Story Luxury Building Project

Category: Land - Residential Development

Price:$4,200,000

Location: Miami Beach, FL

Year Built: 1952

Days on Market: 30

Description:

This is a unique chance to acquire a prime piece of real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers seeking to capitalize on the booming demand for luxury living in Miami Beach. Currently, the site features a two-story multifamily building with four income-producing units, providing a stable revenue stream. However, the true value lies in the approved project: a 7-story building comprising 14 luxury units, ideal for high-end buyers or renters seeking proximity to Miami Beach’s renowned restaurants, shopping centers, and pristine beaches. Seize this rare opportunity to build a landmark development in one of the most sought-after locations in South Florida, combining long-term income stability with high-growth potential.

Coveredland play with project to develope a 7 story building with 14 units.

Listing Code: 1097290553