Ultra rare south of fifth development opportunity! This 13, 000 sf lot includes 249 collins ave, 255 collins ave & 247 ocean ct. Existing improvements feature 15 apartments + 2 retail spaces producing $467, 900 gross annually with rents well below market. A development feasibility study confirms the potential to build up to 5 stories with 26 residential units and 22, 750 sf of buildable area without variances. Potential to increase this even more by taking advantage of the live local act or other state, county, & city development bonuses. Exceptional chance to create a new project in miami beach's most coveted neighborhood, blending immediate income with prime development upside. Rps-3 zoning.

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N/ABedrooms

$16M to $16MPrice Range

7,056 - 15,457SqFt Range

1930Year Build

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Frequently Asked Questions

What are The Beach House Pet Policies & Restrictions?

The Beach House The Beach House is a pet-friendly “Dogs and Cats OK” subdivision for both owners and tenants. Please note that pet policies may change at the discretion of management and/or the Homeowners' Association (HOA) and may not apply to renters. Restrictions may apply to certain breeds, and size and weight limits may be in place.

What are the interior features of the residences?

The Beach House Interior features include: Builtin Features, Bedroomon Main Level, Closet Cabinetry, Walk In Closets, Built In Features, Bedroom On Main Level

What are the available unit views from The Beach House?

The Beach House unit views: Ocean

Scores

Miami Beach

Ultra Luxury Homes & Condos