$3,500,000
For Sale
Type:Purchase
Structure:Land
Zone:Commercial

Description

Vacant waterfront lot on Normandy Island special for investment Multifamily commercial zoning. Zoned for commercial multifamily use, apartments, hospitality. An economic and revitalization strategy master plan for the Normandy Island district has been approved by the city of Miami Beach that stretches from 63rd Street to 87th Street, which makes this a great investment. Discover a rare opportunity to acquire a property in the highly sough of Normandy Isles, making it an ideal investment for builders and developers seeking to capitalize on one of Miami's most desirable neighborhoods.

  • Property Details
      • Utility FeaturesElectricity Connected, Phone Connected, Sewer Connected, Electricity Available, Phone Available, Sewer Available
      • Lot DescriptionBeach Area, Central Business District, City Location, Commerce Park, 1-2.5 Acres
      • ViewCanal View, Other Water View
      • SubdivisionOCEANSIDE SEC ISLE OF NOR
      • Property SubtypeIncome/MultiFamily
      • Sewer InformationPublic Sanitation
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • MLS #A11809836
      • MLS #A11809836
      • Property TypePurchase
      • Cost3500000
      • Acres0.224
      • Waterfront1

Location

Atlantic 360 Luxury Residences ArubaZENWAVE
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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