5
Bedrooms
5
Bathrooms
3,104
Living Area
1956
Year Built
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.
Bedrooms
5
Bathrooms
5
Living Area
3104 sqft
Heating
Reverse Cycle Unit, Window/Wall
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Interior Features
Other, Family Room
Style
Attached, Half Duplex
Roof
Barrel Roof, Concrete, Flat Tile
Exterior Features
Other
Lot Size
5750 sqft
Parking Details
Other
Property Type
Single Family Residence
MLS#
398083847
Year Built
1956
Area
Biscayne Bch Sub
Days on Market
690
Listing courtesy of The Corcoran Group
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 6/11/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.