$2,695,000
$2,700,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
1425 Bay Rd Miami Beach, FL 33139
5,967 Sqft Lot
Key Details
Sold Price $2,695,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Alton Beach Bay Front Re-
MLS Listing ID A11328377
Sold Date 09/13/23
HOA Y/N No
Annual Tax Amount $19,409
Tax Year 2022
Contingent No Contingencies
Lot Size 5,967 Sqft
Acres 0.137
Property Description
Location, Location, Location. Prime Development Opportunity in the heart of South Beach. This 6,000 square foot vacant property lot is in one of the most desirable areas of Miami Beach. The Miami Design Review Board has approved a 7,440-square-foot multifamily/luxury townhouse. The complex consists of 3 units with 2,490-square-feet for each unit. Each townhouse contains 3-bedroom 3.5 bath with a 2-parking space garage. For the complex, a total of 6 garage spaces at ground level. The 50-foot-tall residence will have 3 rooftops solar arrays: 1 for each townhouse unit. Only 2 blocks from Lincoln Road and Alton Road. Walk to Trader Joes, Whole Foods, Best Shopping and Dining. Several New Construction townhomes currently being built in the area.
Location
State FL
County Miami-dade County
Community Alton Beach Bay Front Re-
Area 32
Building
Faces Southwest
Sewer Public Sewer
Water Public
Others
Tax ID 02-32-33-016-0420
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Miami Beach Real Estate Group