8221 Crespi Blvd, Miami Beach FL 33141

For sale Days on market 549

BISCAYNE BCH SUB [ Single Family Residence ]

$1,950,000

$628/sq ft

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Overview

Bedroom

Bath

Year Built

1956

Sqft

3104

Property Type

Single Family Residence

Property Description

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.

Property Details

MLS#

A11619556

Building

BISCAYNE BCH SUB

Address

8221 Crespi Blvd

City

Miami Beach

State/county

Zip/Postal Code

33141

Area

Biscayne Bch Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,481

Maint Fee

$--

Tax Year

2023

Dishwasher

Disposal

Bay

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