The property is ready to be redeveloped and is in a RM-1 (Residential Multifamily) Zoning area, 1 block from Lincoln Rd. Build a single-family house or multiple units up to 9,375 sf (Lot size 50 x 150 = 7,500 X 1.25) with up to 4 stories high. The house is in the lovely, charming Palm View Sub Historic District of Miami Beach and as such, has some design requirements. The owner and his architect had preliminary meetings with the City regarding the redevelopment. The current house is occupied, and the guest house is rented month to month for $2,500 per month.
This listing is courtesy of London Foster Realty. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of London Foster Realty. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.