Miami Beach, FL 33139,1425 Bay Rd
Miami Beach, FL 33139,1425 Bay Rd
Miami Beach, FL 33139,1425 Bay Rd
$2,695,000
Est. payment /mo
$2,700,000
0.2%
Est.Price: ?

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5,967 Sqft Lot
SOLD DATE : 09/13/2023

Key Details

Sold Price $2,695,000

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Subdivision Alton Beach Bay Front Re-

MLS Listing ID A11328377

Sold Date 09/13/23

HOA Y/N No

Annual Tax Amount $19,409

Tax Year 2022

Contingent No Contingencies

Lot Size 5,967 Sqft

Acres 0.137

Property Description

Location, Location, Location. Prime Development Opportunity in the heart of South Beach. This 6,000 square foot vacant property lot is in one of the most desirable areas of Miami Beach. The Miami Design Review Board has approved a 7,440-square-foot multifamily/luxury townhouse. The complex consists of 3 units with 2,490-square-feet for each unit. Each townhouse contains 3-bedroom 3.5 bath with a 2-parking space garage. For the complex, a total of 6 garage spaces at ground level. The 50-foot-tall residence will have 3 rooftops solar arrays: 1 for each townhouse unit. Only 2 blocks from Lincoln Road and Alton Road. Walk to Trader Joes, Whole Foods, Best Shopping and Dining. Several New Construction townhomes currently being built in the area.

Location

State FL

County Miami-dade County

Community Alton Beach Bay Front Re-

Area 32

Building

Faces Southwest

Sewer Public Sewer

Water Public

Others

Tax ID 02-32-33-016-0420

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by One Sotheby's International Re
Bought with Miami Beach Real Estate Group

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agent

Theresa Marie Ramos

+1(646) 825-1739

Agent | License ID: 3533533

Agent License ID: 3533533

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