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DESCRIÇÃO
Prime investment opportunity in south beach! this income-producing 5-unit boutique building sits on a corner lot at meridian ave and 8th street, one of the most picturesque and desirable locations in miami beach. Offering tremendous upside potential, the property is zoned 4900 multi-family with a far of 1. 25, allowing for up to 5,250 sq. Ft. Of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in south beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after south of fifth neighborhood
Data is provided by Miami Board of Realtors.
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Listed on December 19, 2024 by Uri Redler from Cervera Real Estate Inc., this apartment is for sale. apartment for sale in South Beach listed at $1,950,000, Reference A11711790
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