Multifamily – 8 Units in Miami Beach, FL – Prime Development Opportunity

Category: Multifamily

Price:$1,975,000

Location: Miami Beach, FL

Year Built: 1954

Days on Market: 4

Description:

Welcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point neighborhood, or tear down and build up to 5 stories, creating 10 spacious units with a total of 14,831 sq. ft. of buildable area. Just minutes from the beach, this property presents a rare opportunity to either generate immediate rental income or embark on a new development project in one of Miami Beach’s most sought-after locations!

Welcome to Florida living at its best! This prime multi-family offers unmatched versatility. Rent the existing 8 units or build up to 5 stories.

Listing Code: 1079313348