Description
Prime south beach development opportunity! miami beach. private bay-access street steps to lincoln road. income-producing 4-plex with immediate cash flow + major redevelopment potential. zoned rm-2: build up to 60 ft (6 stories), 2.0 far, approx. 10,000 sq ft buildable area, up to 10 units. permitted uses: luxury multifamily, townhomes, boutique hotel, or short-term rentals (with btr). features (2) 2br/2ba & (2) 2br/1ba units, hurricane-impact windows/doors, upgraded electrical, new pvc pipes, balconies/porches, 4 parking spaces. fully leased with long-term tenants. well-maintained, no repairs needed. the street does not flood. proof of funds + nda required. do not disturb tenants.
Property Type
ResidentialIncomeSubdivision
Bay LincolnCounty
Miami-DadeStyle
FourplexAD ID
50111914
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Property Details
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Interior Features
Interior Features
- Roof: Flat,Tile
Roofing Information
- Flat,Tile
Flooring Information
- Hardwood,Tile,Wood
Heating & Cooling
- Heating: Electric
- Cooling: WallWindowUnits
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Exterior Features
Building Information
- Year Built: 1955
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Property / Lot Details
Lot Information
- Lot Description: LessThanQuarterAcre
Property Information
- Subdivision: BAY LINCOLN
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Listing Information
Listing Price Information
- Original List Price: $2875000
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Taxes / Assessments
Tax Information
- Annual Tax: $26840
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 4
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
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BuyOwner last updated this listing 06/16/2025 @ 04:49
- MLS: A11818124
- LISTING PROVIDED COURTESY OF: Shana Santalla, Lifestyle International Realty
- SOURCE: SEFMIAMI
is a Home, with 8 bedrooms which is for sale, it has 4,460 sqft, 4,460 sized lot, and 0 parking. are nearby neighborhoods.