Waterfront miami beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby ocean terrace. Current rent roll below market $7750. Buildable square footage max far 1. 25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
Mortgage Calculator
*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 |
|---|---|---|---|---|---|
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.26 mi |
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.39 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.46 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.79 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.86 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.22 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.52 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 2.03 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.3 mi |
Free Benefits of account
