Biscayne Beach, 7751 Hawthorne Ave (4 Waterfront Lots)

0.5
Acre
Status
OFF MARKETExpired
Size
0.5 Acres (2,021 m2)
Price
$14,500,000/Acre ($3,588/m2)
Type
Land
MLS Number
A11362018
On Site
1271 Days
Updated
1148 Days ago
Page Views
0
4% CAP RATE, MIAMI BEACH WATERFRONT DEVELOPMENT OPPORTUNITY!!! BUILD 2 4 STORY LUXURY BUILDINGS. PRESENTLY EXIST 12 1BED\1BATH UNITS AND 2 2BED\1BATH UNITS RENTED. THE PROPERTY IS CASH FLOWING.THE PROPERTY IS BEING SOLD FOR HIGHEST BEST USE AND IS NOT SUBJECT TO APPRAISAL

Features

All features
  • Property SqFt: 21750
  • Remarks: 4% CAP RATE, MIAMI BEACH WATERFRONT DEVELOPMENT OPPORTUNITY!!! BUILD 2 4 STORY LUXURY BUILDINGS. PRESENTLY EXIST 12 1BED\1BATH UNITS AND 2 2BED\1BATH UNITS RENTED. THE PROPERTY IS CASH FLOWING.THE PROPERTY IS BEING SOLD FOR HIGHEST BEST USE AND IS NOT SUBJECT TO APPRAISAL
  • Internet Remarks: 4% CAP RATE, MIAMI BEACH WATERFRONT DEVELOPMENT OPPORTUNITY!!! BUILD 2 4 STORY LUXURY BUILDINGS. PRESENTLY EXIST 12 1BED\1BATH UNITS AND 2 2BED\1BATH UNITS RENTED. THE PROPERTY IS CASH FLOWING.THE PROPERTY IS BEING SOLD FOR HIGHEST BEST USE AND IS NOT SUBJECT TO APPRAISAL
  • Waterfront: Yes
  • Directions: East
  • Days on Market: 62
  • Office Name: Randa Realty Services Corp
  • Area: 21750
  • Taxes: 12164
  • Tax Year: 2022
  • Listing Date: 2023-03-24T15:27:42.000-00:00
  • Lot Size Square Feet: 21750

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Price History

Current
$7.3M
High
$7.3M
Low
$7.2M
Total Change
0%
$7.3M$7.2M$7.1MApr 23Apr 23May 23
Date
Event
Price
Change
Price Per
05/03/2023
Price Increased
$7.3M
1.4%
$333 ft2
$3,588 m2
04/24/2023
Price Reduced
$7.2M
-1.38%
$329 ft2
$3,539 m2
04/03/2023
Listed
$7.3M
 
$333 ft2
$3,588 m2
05/03/2023
$7.3M
Event
Price Increased
Change
1.4%
Price Per
$333 ft2
$3,588 m2
04/24/2023
$7.2M
Event
Price Reduced
Change
-1.38%
Price Per
$329 ft2
$3,539 m2
04/03/2023
$7.3M
Event
Listed
Price Per
$333 ft2
$3,588 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Raquel OlivaRanda Realty Services Corp • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
23

100
Transit Score®
Some Transit. A few nearby public transportation options
40

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
43

100
Sound Score®
Bearable noise
82

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
24

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 5 BR
Bedrooms
$699K – $12.9M
Price Tier
657 - 10,728
SqFt Range
1950
Year Build
2
Total Floors
491
Total Units

Miami Beach
Mid-Tier
Mid-Tier Homes & Condos