1020 Pennsylvania Ave ,Other, Quadruplex, Ocean Beach Addn No 3 for Sale

1020 Pennsylvania Ave for Sale

Price $2,250,000.00

  • Lot size 0
  • Year Build 2022
  • Waterfront
  • Zip 33139
  • Style Other
  • Parking Description
  • Pool Yes
  • Status Active
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Description

RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH BEACH. This is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11136379 With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.

OCEAN BEACH ADDN NO 3 PB 2-81 LOT 6 BLK 43 LOT SIZE 50.000 X 140 OR 19794-2603 07 2001 1 COC 25665-2821 05 2007 1

Less Than 1/4 Acre Lot

RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH BEACH. This is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2021,Latitude:25.7810879,Cooling Y N:1,Heating Y N:1,List Price:2250000,Listing Id:A11186349,Longitude:-80.1342443,Mls Status:Active,Year Built:2022,Postal Code:33139,Street Name:Pennsylvania Ave,Coordinates:1:25.7810879,Photos Count:7,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:257,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2022-04-07,Parcel Number:02-42-03-009-1160,Property Type:Residential Income,Street Number:1020,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH BEACH. This is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2023-04-07,List Office Name:Beach City Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4922,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:26842,Unparsed Address:1020 Pennsylvania Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Year Built Details:New Construction,Building Area Units:Square Feet,New Construction Y N:1,Original List Price:2250000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks:RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH BEACH. This is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.,Listing Contract Date:2022-04-07,Originating System I D:miamire,Public Survey Section:11,Showing Instructions:Call Listing Agent,Street Number Numeric:1020,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 6 BLK 43 LOT SIZE 50.000 X 140 OR 19794-2603 07 2001 1 COC 25665-2821 05 2007 1,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,Association Fee Frequency:Monthly,Contract Status Change Date:2022-04-07,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $2,250,000.00
  • Price Change: 2022-04-07
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 2022
  • Waterfront
  • View
  • Pool Yes
  • Style Other
  • Construction Other
  • Parking Description
  • Flooring Type Other
  • Property Type Residential Income
  • Status Active
  • Listed 2022-04-07
  • Days on Market 304
  • Furnished
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision
  • Development Name OCEAN BEACH ADDN NO 3
  • HOA Fees 0
  • Taxes 26842
  • Taxes Year 2021