Michael Davalos, P.A.

Land for Sale 

 

Price: $5,450,000

Lot Size: 19,800

Zoning: RM1 with special Variance for Hotel usage

Max living area: 24,500

 

Description:

 

Rare opportunity in Miami Beach to develop condos, apartments, or a boutique hotel steps to the ocean. A prime piece of land with nothing blocking your path to the ocean. Enjoy building on 19,800 square feet of land across the street from the ocean. A perfect location for the next hot boutique hotel. Guests can enjoy walking to the ocean through the City's soon to be renovated North Shore park (see renderings in button below). This is your chance to leave your mark in Miami Beach. Current zoning is RM-1 with an FAR of 1.25 or 24,500 max alowable square feet. (See zoning letter in button below) This area is experiencing a developer rush at the moment. Terra Group has began work on 87th street project, and the city is committed to redeveloping the North Shore park and the Ocean Terrace area on 74th street and Ocean terrace will make this the next rising star of Miami's Beaches.