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1435 Bay Rd
Miami Beach, FL 33139
Land For Sale
·
0.25 AC
Investment Highlights
- Proposed project will consist in a low-rise multifamily building of 8 luxury units
- The land has currently 2 multifamily units that generate annual NOI of $36,459.
- Lot dimensions are approximately 100’ x 117’ and is zoned as RM-1
- Located in the best neighborhood in Miami Beach
Property Facts
| Property Type | Land | Total Lot Size | 0.25 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | RM-1 X FAR 1.25 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.25 AC |
| No. Stories | 1 |
| Zoning | RM-1 X FAR 1.25 |
Description
This property is in one of the most desirable neighborhoods of Miami Beach, nearby popular retail hubs including Lincoln Road Mall and Sunset Harbor. Lot dimensions are approximately 100’ x 117’ and is zoned as RM-1 The current units provide an approximate annual NOI of $36,459.
Property Taxes
| Parcel Number | 02-3233-016-0310 | Improvements Assessment | $167,054 |
| Land Assessment | $1,710,000 | Total Assessment | $1,877,054 |
Property Taxes
Parcel Number
02-3233-016-0310
Land Assessment
$1,710,000
Improvements Assessment
$167,054
Total Assessment
$1,877,054
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