7821 Byron Ave ,Residential-multi-family for Sale

7821 Byron Ave for Sale

Price $4,200,000.00

• Lot size 7728
• Year Build 1952
• Waterfront
• Zip 33141
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This is a unique chance to acquire a prime piece of real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers seeking to capitalize on the booming demand for luxury living in Miami Beach. Currently, the site features a two-story multifamily building with four income-producing units, providing a stable revenue stream. However, the true value lies in the approved project: a 7-story building comprising 14 luxury units, ideal for high-end buyers or renters seeking proximity to Miami Beach?s renowned restaurants, shopping centers, and pristine beaches. Seize this rare opportunity to build a landmark development in one of the most sought-after locations in South Florida, combining long-term income stability with high-growth potential.

ALTOS DEL MAR NO 3 PB 8-41 LOT 4 BLK 16 LOT SIZE 50.000 X 113 OR 16053-2536 0993 4

This is a unique chance to acquire a prime piece of real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers seeking to capitalize on the booming demand for luxury living in Miami Beach. Currently, the site features a two-story multifamily building with four income-producing units, providing a stable revenue stream. However, the true value lies in the approved project: a 7-story building comprising 14 luxury units, ideal for high-end buyers or renters seeking proximity to Miami Beach?s renowned restaurants, shopping centers, and pristine beaches. Seize this rare opportunity to build a landmark development in one of the most sought-after locations in South Florida, combining long-term income stability with high-growth potential.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:7,Latitude:25.8635331,List Price:4200000,Listing Id:A11704277,Longitude:-80.1236224,Mls Status:Active,Year Built:1952,Postal Code:33141,Street Name:Byron Ave,Coordinates:1:25.8635331,Photos Count:16,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2024-12-05,Parcel Number:02-32-02-007-1120,Property Type:Commercial Sale,Stories Total:7,Street Number:7821,Public Remarks:This is a unique chance to acquire a prime piece of real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers seeking to capitalize on the booming demand for luxury living in Miami Beach. Currently, the site features a two-story multifamily building with four income-producing units, providing a stable revenue stream. However, the true value lies in the approved project: a 7-story building comprising 14 luxury units, ideal for high-end buyers or renters seeking proximity to Miami Beach?s renowned restaurants, shopping centers, and pristine beaches. Seize this rare opportunity to build a landmark development in one of the most sought-after locations in South Florida, combining long-term income stability with high-growth potential.,County Or Parish:Miami-Dade County,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2069,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:15568,Unparsed Address:7821 Byron Ave, Miami Beach FL 33141,Listing Agreement:Exclusive Right To Sell,Building Area Total:7728,Building Area Units:Square Feet,Lot Size Square Feet:5650,Number Of Buildings:1,Original List Price:4200000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks:This is a unique chance to acquire a prime piece of real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers seeking to capitalize on the booming demand for luxury living in Miami Beach. Currently, the site features a two-story multifamily building with four income-producing units, providing a stable revenue stream. However, the true value lies in the approved project: a 7-story building comprising 14 luxury units, ideal for high-end buyers or renters seeking proximity to Miami Beach?s renowned restaurants, shopping centers, and pristine beaches. Seize this rare opportunity to build a landmark development in one of the most sought-after locations in South Florida, combining long-term income stability with high-growth potential.,Listing Contract Date:2024-12-05,Originating System I D:miamire,Public Survey Section:2,Street Number Numeric:7821,Tax Legal Description:ALTOS DEL MAR NO 3 PB 8-41 LOT 4 BLK 16 LOT SIZE 50.000 X 113 OR 16053-2536 0993 4,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Coveredland play with project to develope a 7 story building with 14 units.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-12-05,Internet Address Display Y N:1,Number Of Units In Community:14,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,