OCEAN BEACH ADDN NO 3

OCEAN BEACH ADDN NO 3 is located in Miami Beach Homes
Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.

Details

Single Family Residence
R30-No Pool/No Water, House
OCEAN BEACH ADDN NO 3
Ocean, Direct Ocean
2656 SF
Less Than 1/4 Acre Lot
1
Marble, Tile, Wood

Rooms

Bedroom
Master Bath
Dining

Additional Rooms

Interior Features

  • First Floor Entry
  • Other

Exterior Features

Property Tax Information

$16,219
2022
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