8221 Crespi Blvd

Miami Beach development potential! This 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. This duplex has a two bedroom two bathroom in the front, and three bedroom and three bathroom in rear with water views. This unique opportunity sits amongst a quiet neighborhood within walking distance to the beach and Miami's famous Collins Avenue, including prestigious dining, shopping, and nightlife in nearby Surfside and Bal Harbor. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway. Current rent roll - $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living.

5
beds

5
baths

3,104 Sq.Ft. LIVING AREA

5,750 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms5
Total bathrooms5
full bathrooms5
Flooring Ceramic Floor, Tile, Vinyl
APPLIANCES Dishwasher, Disposal
other interior Features Other, Family Room

Area & Lot

Status For Sale
Living Area3,104 Sq.Ft.
Lot Area5,750 Sq.Ft.
MLS® IDA11619556
TypeResidential
YEAR BUILT1956
NeighborhoodBiscayne Point
Architecture StylesAttached, Half Duplex
Water FrontageWF/Ocean Access, Intracoastal Front, Ocean Access, One Fixed Bridge
View DescriptionBay

Exterior

water SourceMunicipal Water
roofBarrel Roof, Concrete, Flat Tile
lot featuresLess Than 1/4 Acre Lot
parkingOther
HEAT TYPEReverse Cycle Unit, Window/Wall
AIR CONDITIONINGCeiling Fan(s), Wall/Window Unit(s)
sewerPublic Sewer
security FeaturesSmoke Detector
other exterior FeaturesOther

Financial

Sales Price$1,950,000
Real Estate Tax $12,481/yr
Zoning 3900

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Biscayne Point

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Whether it’s a stunning vacation home overlooking the pristine waters of Biscayne Bay or a modern contemporary condo at the center of Miami’s trendiest attractions, we have the expertise to represent the best real estate in South Florida. We set foot on every property and thoroughly scrutinize each deal using proprietary due diligence principles and conservative financial models.

8221 Crespi Blvd

$1,950,000

Julian Johnston