Biscayne Point, 7921 Noremac Ave

$3.2M43%
$1,825,000
0.21
Acre
Status
Sold - May 08, 2023
Size
0.21 Acres (836 m2)
Price
$8,690,476/Acre ($2,183/m2)
Type
Land
MLS Number
A11302518
View
Canal
On Site
1400 Days
Updated
18 Days ago
Page Views
0
Achieve water views from all 4-bedrooms on Biscayne Point Island, Miami Beach, FL, new dev home site land for sale. Rare opportunity to build a 2-story luxury residence on the water. No fixed bridges to the Ocean via Haulover Cut. This 9,000 SF lot offers 210' of sea wall accommodating up to 60' boats with approximately a 4' to 5' draft in low tide. Sold as land value. Last similar lot sold for $2.825 mm. Sea wall permit is approved. Plans attached for a 4 bed & 5 bath pool home. Prime Island location surrounded by multi-million-dollar estates on a gated island. New Construction homes are listing for $13 mm for proforma profit could be $3.0 to $6 mm +/-.

Features

All features
  • Property SqFt: 9000
  • Remarks: Achieve water views from all 4-bedrooms on Biscayne Point Island, Miami Beach, FL, new dev home site land for sale. Rare opportunity to build a 2-story luxury residence on the water. No fixed bridges to the Ocean via Haulover Cut. This 9, 000 SF lot offers 210' of sea wall accommodating up to 60' boats with approximately a 4' to 5' draft in low tide. Sold as land value. Last similar lot sold for $2.825 mm. Sea wall permit is approved. Plans attached for a 4 bed & 5 bath pool home. Prime Island location surrounded by multi-million-dollar estates on a gated island. New Construction homes are listing for $13 mm for proforma profit could be $3.0 to $6 mm +/-.
  • Internet Remarks: Achieve water views from all 4-bedrooms on Biscayne Point Island, Miami Beach, FL, new dev home site land for sale. Rare opportunity to build a 2-story luxury residence on the water. No fixed bridges to the Ocean via Haulover Cut. This 9, 000 SF lot offers 210' of sea wall accommodating up to 60' boats with approximately a 4' to 5' draft in low tide. Sold as land value. Last similar lot sold for $2.825 mm. Sea wall permit is approved. Plans attached for a 4 bed & 5 bath pool home. Prime Island location surrounded by multi-million-dollar estates on a gated island. New Construction homes are listing for $13 mm for proforma profit could be $3.0 to $6 mm +/-.
  • View: Canal
  • Waterfront: Yes
  • Directions: East
  • Days on Market: 151
  • Closing Date: 2023-05-08
  • Office Name: Douglas Elliman
  • Area: 9000
  • Taxes: 14650
  • Tax Year: 2021
  • Listing Date: 2022-11-15T09:26:30.000-00:00
  • Lot Size Square Feet: 9000

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Price History

Current
$1.8M
High
$3.2M
Low
$1.8M
Total Change
-43%
$3.4M$2.5M$1.7MNov 22Nov 22Jan 23Feb 23Mar 23May 23Mar 23
Date
Event
Price
Change
Price Per
03/20/2023
Sold
$1.8M
0%
$203 ft2
$2,183 m2
05/08/2023
Price Reduced
$1.8M
-3.95%
$203 ft2
$2,183 m2
03/20/2023
Price Reduced
$1.9M
-23.69%
$211 ft2
$2,272 m2
02/08/2023
Price Reduced
$2.5M
-9.45%
$277 ft2
$2,978 m2
01/17/2023
Price Reduced
$2.8M
-4.84%
$306 ft2
$3,289 m2
11/29/2022
Price Reduced
$2.9M
-9.69%
$321 ft2
$3,456 m2
11/13/2022
Listed
$3.2M
 
$356 ft2
$3,827 m2
03/20/2023
$1.8M
Event
Sold
Change
0%
Price Per
$203 ft2
$2,183 m2
05/08/2023
$1.8M
Event
Price Reduced
Change
-3.95%
Price Per
$203 ft2
$2,183 m2
03/20/2023
$1.9M
Event
Price Reduced
Change
-23.69%
Price Per
$211 ft2
$2,272 m2
02/08/2023
$2.5M
Event
Price Reduced
Change
-9.45%
Price Per
$277 ft2
$2,978 m2
01/17/2023
$2.8M
Event
Price Reduced
Change
-4.84%
Price Per
$306 ft2
$3,289 m2
11/29/2022
$2.9M
Event
Price Reduced
Change
-9.69%
Price Per
$321 ft2
$3,456 m2
11/13/2022
$3.2M
Event
Listed
Price Per
$356 ft2
$3,827 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Brian CarterDouglas Elliman • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
15

100
Transit Score®
Some Transit. A few nearby public transportation options
41

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
44

100
Sound Score®
Bearable noise
80

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
3 – 5 BR
Bedrooms
$2.7M – $15.9M
Price Tier
1,442 - 14,060
SqFt Range
1951
Year Build
1
Total Floors
352
Total Units

Subdivision Amenities

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Miami Beach
Ultra Luxury
Ultra Luxury Homes & Condos