4
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$2,715,000
Est. payment /mo
5,000 Acres Lot
Price Dropped by $10K
Address not disclosed Miami Beach, FL 33139
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UPDATED:
02/21/2025 06:25 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Alton Beach Bay Front Re-
MLS Listing ID A11708509
HOA Y/N No
Annual Tax Amount $20,752
Tax Year 2024
Lot Size 5000.000 Acres
Acres 5000.0
Property Sub-Type Residential
Property Description
This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. Additionally, the property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until March 31, 2025
Location
State FL
County Miami-dade
Community Alton Beach Bay Front Re-
Area 32
Exterior
Private Pool Yes
Building
Faces South
Others
Tax ID 02-32-33-016-0400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11708509
Listed by C W V Realty Group LLC