$1,850,000

8221 Crespi Blvd , Miami Beach, Fl 33141

  • 5 Beds
  • 5 Baths
  • 3,104 Sqft
  • 5,750 Sqft lot
  • Updated: May 12
  • 23
    Views for last 30 days
  • 13
  • MLS#86547856

About the Property

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 mar
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 type

    House

  • Year built

    1956

  • Price/sqft

    $596

Features

  • Waterfront
  • Water View
  • Terrace
  • Game Room
  • Duplex
  • Investment Property
  • Laundry Room
  • Outdoor Living Space
  • Air Conditioning
Features

Lot

  • Water View
  • Waterfront
  • Duplex
  • Investment Property

Indoor

  • Air Conditioning
  • Laundry Room
  • Game Room

Outdoor

  • Terrace
  • Balcony
  • Outdoor Living Space

Explore the Area

8221 Crespi Blvd , Miami Beach, FL 33141, Florida, United States View on Google Maps
Price per sqft
Low
High

View 974 more listings in Miami Beach

Corcoran Miami Beach

Joined 6 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Corcoran Miami Beach
Florida, United States
View agency profile
57
Listings
2021
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Corcoran Miami Beach
Corcoran Miami Beach
1688 Meridian Ave Ste 400, 33139, Miami Beach, Florida, United States
View agency profile
Last updated
May 12
First listed
Jul 8, 2024
Listing reference
4bntgz

Start phone call with:

Hello, I’m calling for the property with the reference 4bntgz, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with