Overview

Description

Nestled along the Biscayne Bay canal in Miami Beach, this waterfront residential property offers immediate income, opportunity, and limitless potential. Built in 1941, the two building, two-story property has a total of 17-Units. The current Owner offers furnished and unfurnished rentals to optimize rent potential. Permitted land use zoning TC-3 allows New Owners to redevelop the 13,000 SF lot. Conditional uses of TC-3 range from apartment hotel, hotel, and suite hotel (pursuant to North Beach Town Center Districts municode section 142-1105). Units have been updated and offer a mix of efficiency, studio and 1 bed /1 bath.

Located on the edge of the Biscayne Bay Canal
Prime location in the heart of North Beach on Miami Beach
Less than 1.5 miles to the oceanfront and 79th Street Beach boardwalk
Biscayne Point neighborhood in Miami Beach.
Nearby parks include North Shore Park, North Bay Park (historical) and Harding Park (historical).

Highlights

• Flexible TC3 Zoning
• 40 Year Certification
• Concrete Tile Roof (2015)
• Renovated Interiors (2015)
• 130 Linear feet of waterfront
• Expansive Common Areas
• Gated Entry
• Onsite Laundry
• Ideal for Short or Midterm Stays
• Parking

Documents

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