Unique opportunity to acquire prime real estate in one of miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in miami beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to miami beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of south florida's most desirable locations, combining long-term income stability with high growth potential.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.17 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.24 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.48 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.55 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.57 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.4 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.53 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.88 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.55 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.79 mi |
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