8221 Crespi Blvd Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33141
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,104 sqft
Price per Sqft $628
Subdivision Biscayne Bch Sub
MLS Listing ID A11619556
Style Duplex
Bedrooms 5
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $12,481
Tax Year 2023
Lot Size 5,750 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Miami-dade
Community Biscayne Bch Sub
Area 32
Interior
Interior Features Other
Heating Heat Pump,Wall Furnace
Cooling Ceiling Fan(s),Wall/Window Unit(s)
Flooring Ceramic Tile,Tile,Vinyl
Appliance Dishwasher,Disposal
Exterior
Exterior Feature Other
Pool None
Waterfront Description Bayfront,Fixed Bridge,Intracoastal Access,Ocean Access
View Y/N Yes
View Bay
Roof Type Barrel,Concrete,Flat,Tile
Garage No
Private Pool No
Building
Lot Description < 1/4 Acre
Faces North
Sewer Public Sewer
Water Public
Architectural Style Duplex
Structure Type Block
Construction Status Resale
Others
Senior Community No
Tax ID 02-32-02-008-2110
Security Features Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11513080