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1910 and 1920 Biarritz Dr

$2,650,000

1910 and 1920 Biarritz Dr, Miami Beach, FL 33141

Active
Last Updated: 08/15/2024

5,764 sqft

Building Size

1

Units

Details:
Building Size:    5,764 sqft
Units:    1
Year Built:    1948
Floors:    2
Highlights:
  • Number Of Buildings: 2
  • Documents Available: Copy Of Lease(S)
  • Cooling: Central Individual A/C, Wall/Window Unit(s)
  • Heating: Central Individual A/C, Wall/Window Units
  • Flooring: Tile, Wood
  • Construction Materials: CBS Construction
Description:

Extremely Rare Opportunity To Acquire Two Prime Contiguous Lots, One Block From The Bay On Posh, Burgeoning Normandy Isle. Together, The Lots Span 13,324 Square Feet And Each Has A Turnkey 4 Plex On It (8 Units Total, All 1 Bed/1 Bath). Spectacular Development Opportunity To Go Vertical With A 5 Story Building With 18 Or More Units, Parking And Pool, Depending On Design Configuration. Incredible Location, Just Steps From The Normandy Isle Park, The Golf Course, Multi Million Dollar Waterfront Homes, Walgreens And Just Minutes To The Beach, Publix, And The Mainland. This Is A White Whale Investment, Relentlessly Sought And Almost Never Found. Call Listing Broker For Offer Instructions.

Map:
Document

Today's Available Mortgage Rates

2811 Mannheim Road, Des Plaines, Illinois 60018

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
LifeLender #1712
5 Year Fixed
25 Year Amortization
Interest rate 5.84% 5 Year Fixed
Mo. Payment$38,073 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 60% LTV $0 Lender fees
Loan Amount $6,000,000 Loan Amount
LifeLender #1712
7 Year Fixed
25 Year Amortization
Interest rate 6.03% 7 Year Fixed
Mo. Payment$38,768 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 60% LTV $0 Lender fees
Loan Amount $6,000,000 Loan Amount
BankLender #1068
10 Year Fixed
25 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$44,710 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 69% LTV $0 Lender fees
Loan Amount $6,900,000 Loan Amount
Largest Commercial Real Estate Lending
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