Average square foot calculated using Size range provided by listing agent.
Description
Prime Corner Development Opportunity in the Heart of Miami Beach’s West Avenue Corridor. Located on a prominent corner lot, this non-historic 4-plex offers exceptional redevelopment potential in a highly sought-after area. Zoned RM-1, the property is eligible for a max building height of 50ft.The allowable height may increase to 55ft if the ground level is used for non-habitable parking or amenities--permitting the development of a 5-story condominium or the addition of 3 stories to the existing structure. Currently configured as a multifamily property w/4 spacious 2-bed/1-bath units, the building features impact windows & 4 dedicated parking spaces. Ideal for investors, developers, or end-users looking to capitalize on the growing demand in one of Miami Beach’s most vibrant neighborhoods.Show Description