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- LoopNet Team
310 Meridian Ave
Miami Beach, FL 33139
Miami Beach Redevelopment Opportunity · Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- Delivered with approved Plans
- Break ground on the rehab on day 1
- Property is best suited as a short-term rental investment opportunity via AirBnB, VRBO, or Homeaway.
- Fee simple sale
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Construction Status | Converted |
| Property Subtype | Apartment | Building Size | 7,013 SF |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built | 1940 |
| Zoning | R-PS2 - Multifamily with Short term approvals | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Construction Status | Converted |
| Building Size | 7,013 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | R-PS2 - Multifamily with Short term approvals |
AMENITIES
UNIT AMENITIES
- Loft Layout
SITE AMENITIES
- 24 Hour Access
ABOUT 310 MERIDIAN AVE , MIAMI BEACH, FL 33139
310 Meridian is a vacant 17 unit multi-family apartment building ideally located in the highly desired SoFi area of Miami Beach (South of 5th). This is a shovel ready repurposing project delivered with approved plans. This unique project entails the repositioning of a 17 unit Multifamily into a Hotel or Boutique Short term Rental Villa. This property is located 1 block from Joes Stone Crab and Prime 112. This sale comes with approved plans for a hotel with entitlements for short term rentals such as Airbnb which is in high demand. This is a great opportunity for a shovel ready project such as this that you can break ground on the rehab on day 1. This project is fully approved - No other project allows an investor/developer the opportunity to acquire a turnkey project in the advanced stages of development.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | 400 |
| 1+1 | 3 | - | 475 |
PROPERTY TAXES
| Parcel Number | 02-4203-009-5190 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,149,634 |
PROPERTY TAXES
