Multifamily Property – 4 Units in Miami Beach, FL – Approved for 14 Luxury Units Development
Commercial Sale
Category: Multifamily
Price:$2,000,000
Location: Miami Beach, FL
Year Built: 1952
Days on Market: 90
Description:
Unique opportunity to acquire prime real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in Miami Beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to Miami Beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of South Florida's most desirable locations, combining long-term income stability with high growth potential.
Spectacular fourplex located in Miami Beach with a project to develop 14 luxury units.
Listing Code: 1134540031