829, 4TH ST, Miami Beach, FL 33139

829 4th Street is a RARE OPPORTUNITY TO OWN a CPS-2 – GENERAL MIXED USE COMMERCIAL ZONING PROPERTY, located in SOFI neighborhood in Miami Beach.

For more info and private showing please contact the listing agent.

3-4 54 43 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 E50FT LOTS 7 & 8 BLK 75 LOT SIZE 50.000 X 100 OR 19151-2587 0600 1 COC 23622-3514 05 2005 1

829 4th Street is a RARE OPPORTUNITY TO OWN a CPS-2 – GENERAL MIXED USE COMMERCIAL ZONING PROPERTY, located in the highly sought-after South of Fifth (SOFI) neighborhood in Miami Beach. The property is sitting on a 5,000 square foot lot, non-historic designation, with the capability of renovating the existing building size up to 5 times greater than it stands today. Zoned will allow a new construction of up to 10,000 square feet, 7,500 of living area and four stories high. The maximum Flood Area Ratio (FAR) is: 2.0. Currently the property is being operated as a 4-Plex short-term rental product @ fully stabilized the anticipated annual NET RENTAL INCOME “NOI” of $148,914.57, with a Overall Capitalization Rate (OAR) of 4.68%.

Основное

• Год постройки: 1952
• MUNICIPL
• Мебель: Нет
• Полы: MARBLE, WOOD
• Отопление: NONE
• Интернет