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MLS:A11619556

8221 Crespi Blvd, Miami Beach, FL 33141

Priced at: $1,950,000
Bedrooms:
5
Bathrooms (Full):
5
Bathrooms (Half):
0
Living Area SqFt:
3,104 Sq Ft
Lot SqFt:
5,750 Sq Ft
Year Built:
1956
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.

Fees

Tax Year:
2023
Tax Amount:
$12,481

Features

Exterior Features:
  • Other
Interior Features:
  • Other
  • Family Room
Equipment/ Appliances:
  • Dishwasher
  • Disposal
Security Info:
  • Smoke Detector
Waterfront Description:
  • WF/Ocean Access
  • Intracoastal Front
  • Ocean Access
  • One Fixed Bridge
Parking:
  • Other
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MLS: A11619556
8221 Crespi Blvd, Miami Beach, FL 33141
Price: $1,950,000
Listing courtesy of The Corcoran Group

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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