About This Property

Exceptional investment opportunity in North Beach, one of Miami Beach's fastest-growing and most dynamic neighborhoods. This two-story multifamily property features a versatile four-unit configuration with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Just blocks from the beach, the property is ideally positioned in the center of a major revitalization, with 13 new development projects transforming the area and significant city investment enhancing infrastructure, public spaces, and long-term value.The expansive lot offers outstanding value-add and redevelopment potential. There is ample space to add a private pool, a guest house, or up to two additional approximately 800-square-foot units, subject to zoning, permitting, and city approval. Buyers are encouraged to conduct their own due diligence and verify all development possibilities with the City of Miami Beach.Whether you're seeking immediate rental income, future appreciation, or expansion opportunities, this property presents a rare chance to invest in one of Miami Beach's most promising and rapidly evolving neighborhoods.

Key Features

• Built in 1951

Property Details

• Type: Single Family Home
• Year Built: 1951
• Sq Ft: 3,655
• Price / Sq Ft: $438
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1951
• Status: Active
• MLS Number: 1178519406
• Days on Market: 62
• Listed By: Compass Florida, LLC · Patricia Agudelo
• Zip Code: 33141