USD 2,250,000

1020 Pennsylvania Ave
Miami Beach, Florida 33139

Beds
Baths 0

Property Description

RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY This is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Additionally parking regulations were eliminated in 2017 which gives the developer who purchases this site more sellable building area. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Architectural drawings & surveys are available upon request.

Listed by Beach City Realty

Property Details

ID #
A11186360
Status
Sale
Type
Land, Residential
Zip Code
33139
Lot Area
304,920,269ft2
Water Source
City/mains water
Front Exposure
East
Road Type
City/County Maintained
Utilities
Internet
Zoning Information
3900
Disclaimer: BBC: 3.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.
Listing content provided by the Miami Association of REALTORS

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