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Listed price in listed location currency (USD).
$1,900,000

550

MLS® A11619556

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3104 sqft
Garage 
Taxes $12,481
Days Active 639
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $612
MLS® Number A11619556

Property Address: 8221 Crespi Blvd, MIAMI BEACH, FL, 33141-1302

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA11619556
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
DrivewayOther
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Not available
Living Room:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2024List Date
$1,900,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,900,000 and $12,138,000.
Similar properties in this area sold on average for: $8,725,000
Expected to sell very soon! Similar properties sold in 163 days. This home has been on Zoocasa for 639 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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