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    829 4th St

    Miami Beach, FL 33139
    • $2,700,000
    • STATUS: Active
    • ON SITE: 100 days
    • MLS #: A10824259
    UPDATED: 29 min ago
    $2,700,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1952
    County:

    School Ratings & Info

    Description

    SOUTH OF FIFTH - Potential for development of 17 Airbnb units or 15 to 20 room boutique hotel in the desirable South of Fifth neighborhood, easy walk to the beach, shops and fine dining. Build up to 10,000 sq. ft. in a 4-story building, plus roof terrace and other modern lifestyle amenities in a world-class destination close to new multimillion-dollar developments like Louver House and Urbanica The Meridian Hotel. CPS-2 zoning allows for hotels and apartments.100% stabilized Potential NOI of $631,390.10 rental Pro-forma. The existing building is a single-story 4-plex with two units used for short-term rentals and two month-to-month tenants. Incredible development potential! Redevelopment subject to approval by the city.

    Monthly Payment Calculator



    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-06-06T09:41:30.59.
    www.albertgarciateam.com/homes/103561012

    829 4th St Miami Beach, FL 33139

    • Price: $2,700,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: A10824259
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1952
    Built
    County:
    Miami-Dade
    Property Description
    SOUTH OF FIFTH - Potential for development of 17 Airbnb units or 15 to 20 room boutique hotel in the desirable South of Fifth neighborhood, easy walk to the beach, shops and fine dining. Build up to 10,000 sq. ft. in a 4-story building, plus roof terrace and other modern lifestyle amenities in a world-class destination close to new multimillion-dollar developments like Louver House and Urbanica The Meridian Hotel. CPS-2 zoning allows for hotels and apartments.100% stabilized Potential NOI of $631,390.10 rental Pro-forma. The existing building is a single-story 4-plex with two units used for short-term rentals and two month-to-month tenants. Incredible development potential! Redevelopment subject to approval by the city.
    Exterior Features

    Construction Materials Cbs Construction Frontage Length 50 Lot Features Corner Lot Parking Features On Street Parking Total 0 Pool Private YN No Roof Barrel Roof Waterfront YN No

    Interior Features

    Building Area Total 2053 Cooling Central Individual A/CWall/Window Unit(S) Flooring TileWood Heating None Stories Total 1

    Property Features

    Association YN No Business Type Residential-Multi-Family Cooling YN Yes Heating YN No Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Land Lease YN No Lease Term Month To Month Listing Terms All Cash New Construction YN No Public Survey Section 3 Security Features Smoke Detector(S)Security Fence Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 3877 Tax Year 2019 Water Source Public Year Built Details Resale

    Listing courtesy of One Sotheby's International Realty.


    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-06-06T09:41:30.59.
     
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    Albert Garcia Team | Keller Williams Coral Gables Realty
    550 Biltmore Way, PH2 A & B
    Coral Gables FL, 33134