Biscayne Beach, 8221 Crespi Blvd Miami Beach, FL 33141

$1,950,000Price
5Beds
5Baths
3,104SqFt

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Details

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Status:
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Parking: No info
Size: 3,104 ft2 / 288 m2
Price: $628 ft2 / $6,762 m2
Built: 1956
MLS Number: A11619556
View: Bay
On Site: 271 Days
Updated: 10 Days ago
Page Views: 0
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.

Features

Bedrooms
Bedrooms: 5
Bathrooms
Bathrooms: 5
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Other
View: Bay

Price History

07/08/2024

Date

Listed

Event

$2M

Price

$628 ft2 / $6,762 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Julian JohnstonThe Corcoran Group • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$800/ft²
$1,600/ft²
$2,400/ft²

Unit 8221 Crespi Blvd – Asking

$628/ft²

(+112%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$296/ft²
Community $/Price Range (Closed) $190/ft² – $2282/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
700 82nd St4/63,337$315NorthBay$1,050,0008/21/2024
# 334/63,498$277NorthBay$970,0004/11/2024
Bed/Bath: 4/6Size SqFt: 3,337$/SqFt: $315Exposure: NorthView: BaySold: $1,050,000Closed Date: 8/21/2024
Unit: # 33
Bed/Bath: 4/6Size SqFt: 3,498$/SqFt: $277Exposure: NorthView: BaySold: $970,000Closed Date: 4/11/2024
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