Welcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point ne

842 84TH ST, Miami Beach

$1,975,000 USD
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Address842 84TH ST, Miami Beach
Type of PropertyIncome / MultiFamily
Type of BusinessCommercial / Residential Income, Residential-Multi-Family
Price$1,975,000
Previous Price$2,000,000 (43 days ago)
Property StatusActive
MLS NumberA11638805
Property Size11865
Lot Size11865
Year Built1954
Folio Number02-32-03-009-0010
Zoning Information3900
Days on Market43

Detailed Description: Welcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point neighborhood, or tear down and build up to 5 stories, creating up to 29 spacious units with a total of 14,831 sq. Ft. Of buildable area. Just minutes from the beach, this property presents a rare opportunity to either generate immediate rental income or embark on a new development project in one of Miami Beach’s most sought-after locations!

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33141
Address842 84TH ST
Section3
Zip Code (4 Digits)1164
Financial Information
Price$1,975,000
Price per Foot$0
Previous Price$2,000,000
Folio Number02-32-03-009-0010
Tax Amount$26,968
Full Descriptions
Detailed DescriptionWelcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point neighborhood, or tear down and build up to 5 stories, creating up to 29 spacious units with a total of 14,831 sq. Ft. Of buildable area. Just minutes from the beach, this property presents a rare opportunity to either generate immediate rental income or embark on a new development project in one of Miami Beach’s most sought-after locations!
Property parameters
Living Area11865
Lot Size11865
Total Acreage0.000
Zoning Information3900
Maximum Leasable Size11865
Year Built1954
Type of PropertyIncome / MultiFamily
Type of BusinessCommercial / Residential Income, Residential-Multi-Family
Listed withEXP Realty LLC