8221 CRESPI BLVD, Miami Beach
$1,950,000 USD 5 5
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| Address | 8221 CRESPI BLVD, Miami Beach |
| Building Name | BISCAYNE BCH SUB |
| Type of Property | Single Family Residence |
| Property Style | House |
| Price | $1,950,000 |
| Property Status | Active |
| MLS Number | A11619556 |
| Bedrooms Number | 5 |
| Full Bathrooms Number | 5 |
| Living Area | 3104 |
| Lot Size | 5750 |
| Year Built | 1956 |
| Folio Number | 02-32-02-008-2110 |
| Zoning Information | 3900 |
| Days on Market | 446 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 8221 CRESPI BLVD |
| Section | 2 |
| Zip Code (4 Digits) | 1302 |
Financial Information
| Price | $1,950,000 |
| Price per Foot | $0 |
| Folio Number | 02-32-02-008-2110 |
| Tax Amount | $12,481 |
| Tax Year | 2023 |
Full Descriptions
| Detailed 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. |
| Property View | Bay |
| Water Access | Private Dock |
| Waterfront Description | WF / Ocean Access, Intracoastal Front, Ocean Access, One Fixed Bridge |
| Design Description | Attached, Half Duplex |
| Roof Description | Barrel Roof, Concrete, Flat Tile |
| Floor Description | Ceramic Floor, Tile, Vinyl |
| Interior Features | Other, Family Room |
| Exterior Features | Other |
| Equipment Appliances | Dishwasher, Disposal |
| Cooling Description | Ceiling Fan (s), Wall / Window Unit (s) |
| Heating Description | Reverse Cycle Unit, Window / Wall |
| Water Description | Municipal Water |
| Sewer Description | Public Sewer |
| Parking Description | Other |
Property parameters
| Bedrooms Number | 5 |
| Full Baths Number | 5 |
| Living Area | 3104 |
| Lot Size | 5750 |
| Zoning Information | 3900 |
| Year Built | 1956 |
| Type of Property | Single Family Residence |
| Style | House |
| Building Name | BISCAYNE BCH SUB |
| Development Name | BISCAYNE BCH SUB |
| Construction Type | Concrete Block Construction,CBS Construction |
| Listed with | The Corcoran Group |