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Land in Miami Beach, FL 33139Ocean Beach, 809 2nd St
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OFF MARKET
$1,695,000
0.06
AcreStatus
OFF MARKETExpired
Size
0.06 Acres (247 m2)
Price
$28,250,000/Acre ($6,869/m2)
Type
Land
MLS Number
A11482776
On Site
1043 Days
Updated
1042 Days ago
Page Views
0
Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
Features
All features
- Property SqFt: 2656
- Remarks: Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4, 215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
- Internet Remarks: Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4, 215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
- Waterfront: No info
- Directions: South
- Days on Market: No info
- Office Name: The Corcoran Group
- Area: 2656
- Taxes: 16219
- Tax Year: 2022
- Listing Date: 2023-11-07T15:44:57.000-00:00
- Lot Size Square Feet: 2656
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/07/2023
Listed
$1.7M
$638 ft2
$6,869 m2
11/07/2023
$1.7M
Event
Listed
Price Per
$638 ft2
$6,869 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Cyril Bijaoui • The Corcoran Group • Buyer Agency Compensation .
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Scores
95
100
53
100
77
100
78
100
0
100
28
100
2
100
Community Snapshot
3 – 4 BR
Bedrooms
$2.2M – $4.4M
Price Tier
504 - 9,503
SqFt Range
1946
Year Build
3
Total Floors
Subdivision Amenities
Laundry
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