7751 Hawthorne Ave (4 WATERFRONT LOTS)) ,Quadruplex, Biscayne Beach Resub for Sale

7751 Hawthorne Ave (4 WATERFRONT LOTS)) for Sale

Price $7,250,000.00

• Lot size 8000
• Year Build 1949
• Waterfront Intracoastal Front, Ocean Access, One Fixed Bridge
• Zip 33141
• Style Attached, Detached
• Parking Description
• Pool Yes
• Status Active

Description

CAP RATE 4%, also 4 Consecutive waterfront lots containing 1 Duplex and 3 Fourplex to equal 14 units fully rented . Rental Income is $28,300 monthly and increasing every month more by adding more boats and wave runners. Also, this development opportunity allows to build 2 luxury buildings. This is perfect for the right developer. THIS IS THE BEST DEVELOPMENT OPPORTUNITY ON MIAMI BEACH! The 4 lots total 21,6750 sqft of land.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Call Louis at 786-514-0083 for all questions

BISC BEACH SUB RESUB PB 48-53 LOT 1 BLK 22 LOT SIZE 5500 SQFT OR 14944-849 15275-1560 15275 1560-19659-3465 0501 4 COC 21372-3967 05 2003 1

Less Than 1/4 Acre Lot

CAP RATE 4%, also 4 Consecutive waterfront lots containing 1 Duplex and 3 Fourplex to equal 14 units fully rented . Rental Income is $28,300 monthly and increasing every month more by adding more boats and wave runners. Also, this development opportunity allows to build 2 luxury buildings. This is perfect for the right developer. THIS IS THE BEST DEVELOPMENT OPPORTUNITY ON MIAMI BEACH! The 4 lots total 21,6750 sqft of land.

City:Miami Beach,Zoning:3900,Cooling:1:Central Air,2:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Wood,Latitude:25.8627626,Cooling Y N:1,Heating Y N:1,List Price:7250000,Listing Id:A11360651,Longitude:-80.1281431,Mls Status:Active,Year Built:1949,Inclusions:Dock Available, Dock Available,Living Area:8000,Postal Code:33141,Street Name:Hawthorne Ave (4 WATERFRONT LOTS)),Coordinates:1:25.8627626,Photos Count:13,Building Name:BISCAYNE BEACH RESUB,Days On Market:42,Listing Terms:1:Cash,Lot Size Units:Square Feet,M L S Area Major:Biscayne Beach Resub,On Market Date:2023-03-22,Parcel Number:02-32-02-009-0012,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:7751,Waterfront Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:CAP RATE 4%, also 4 Consecutive waterfront lots containing 1 Duplex and 3 Fourplex to equal 14 units fully rented . Rental Income is $28,300 monthly and increasing every month more by adding more boats and wave runners. Also, this development opportunity allows to build 2 luxury buildings. This is perfect for the right developer. THIS IS THE BEST DEVELOPMENT OPPORTUNITY ON MIAMI BEACH! The 4 lots total 21,6750 sqft of land.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-03-22,Frontage Length:225,List Office Name:Randa Realty Services Corp,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:1001,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:BISCAYNE BEACH RESUB,Tax Annual Amount:12164,Unparsed Address:7751 Hawthorne Ave (4 WATERFRONT LOTS)), Miami Beach FL 33141,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:8000,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:906.25,Original List Price:7400000,Previous List Price:7150000,Public Survey Range:32,Architectural Style:1:Detached,Documents Available:1:Existing Survey,I D X Participation Y N:1,Number Of Units Total:14,Syndication Remarks:CAP RATE 4%, also 4 Consecutive waterfront lots containing 1 Duplex and 3 Fourplex to equal 14 units fully rented . Rental Income is $28,300 monthly and increasing every month more by adding more boats and wave runners. Also, this development opportunity allows to build 2 luxury buildings. This is perfect for the right developer. THIS IS THE BEST DEVELOPMENT OPPORTUNITY ON MIAMI BEACH! The 4 lots total 21,6750 sqft of land.,Waterfront Features:1:Ocean Access,2:One Fixed Bridge,Listing Contract Date:2023-03-22,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:24 Hour Notice,No Sign,See Broker Remarks,Street Number Numeric:7751,Tax Legal Description:BISC BEACH SUB RESUB PB 48-53 LOT 1 BLK 22 LOT SIZE 5500 SQFT OR 14944-849 15275-1560 15275 1560-19659-3465 0501 4 COC 21372-3967 05 2003 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0.5%,M I A M I R E_ Adjusted Area S F:8000,Contract Status Change Date:2023-03-22,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.75%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:906.25,Internet Automated Valuation Display Y N:1,