Commercial property in Miami Beach, Florida № 2360049

Property description

1330 15th St - premier South Beach location & unique opportunity can be combined to acquire two adjacent multifamily corner properties at 15th St & Bay Rd. Fully renovated 8-unit multifamily property features six 2-bedroom & two 1-bedroom units, all furnished & renovated with new kitchens, baths, appliances, flooring, upgraded MEP systems, impact windows & doors + modern safety systems. Can be with next door multifamily totaling 11,200 SF Land- 1485/1481 Bay Rd (separate folio). Zoning offers a significant unused FAR, creating value-add for redevelopment. Existing multifamily buildings may be replaced with new luxury residences more than double the size. Alternatively, potential for a new 5 story condo or multifamily project. Walking distance to Lincoln Rd & major South Beach attractions, exceptional opportunity for an investor or developer.