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Other Land - ALTON BEACH BAY FRONT RE- for Sale

SEARAY SHR, MIAMI BEACH, FL 33139

Asking Price$2,715,000 Change Price$10,000

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  • Days on market:

    182 day(s)
  • Original Price:

    $2,799,000
  • Tax Legal Description:

    ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 10 BLK 79 B LOT SIZE 50.000 X 100 OR 15822-0945 0293 1
  • Tax Year:

    2024
  • Property Type:

    Land
  • Lot Features:

    Other

Description

$2,715,000

This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect josé sánchez of praxis, with development led by cwv homes. each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. the layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. these features cater to high-end buyers seeking modern, spacious living in miami beach. the permitting process is already underway with the city of miami beach, helping reduce the overall timeline for development. the property currently includes an existing house generating $3,200 in monthly rental income. the lease for this house is in place until september 30, 2025

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