Description
Nestled along the Biscayne Bay canal in Miami Beach, this waterfront residential property offers immediate income, opportunity, and limitless potential. Built in 1941, the two building, two-story property has a total of 17-Units. The current Owner offers furnished and unfurnished rentals to optimize rent potential. Permitted land use zoning TC-3 allows New Owners to redevelop the 13,000 SF lot. Conditional uses of TC-3 range from apartment hotel, hotel, and suite hotel (pursuant to North Beach Town Center Districts municode section 142-1105). Units have been updated and offer a mix of efficiency, studio and 1 bed /1 bath.
Location
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Listing Office: Compass Florida, LLC.
Attribution contact: 305-632-7195
