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Other Land - BAYSHORE A for Sale

5941 BISCAYNE BLVD, MIAMI, FL 33137

Asking Price$4,500,000 Change Price$1,150,000

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  • Lot size 23237sqft
  • Taxes $18,286
  • Days on market:

    122 day(s)
  • Original Price:

    $5,650,000
  • Tax Legal Description:

    BAYSHORE SUB PB 5-116 LOT 5 LESS WLY 5FT FOR R/W BLK 5 LOT SIZE 11827 SQ FT M/L OR 17914-0881 1297 1 UNITY OF TITLE 98R592404 COC 22877-1859
  • Tax Year:

    2022
  • Property Type:

    Land
  • Lot Features:

    Other Location 1-2.5 Acres

Description

$4,500,000

• partially entitled boutique hotel development site • currently designed to have 25 units • unit mix varies from studios to 4 bedroom suites • ideal for any hotel operator or revenue sharing structure • centrally located between all major areas • approx. 7 min to miami design district, 12 min to wynwood and 11 min to miami beach • property currently has a 3,047 sf home that is generating income • approx. 75,000 daily traffic on biscayne blvd

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