775 81st St, Miami Beach, FL 33141

 
MLS #: A11954117
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Price: $1,250,000 MLS Number: A11954117  Commercial / Investment
 Address: 775 81st St, Miami Beach, Florida 33141 USA
 Year Built: 1951
 
 Lot Square Feet: 5,650
 
 Lot Dimensions: 5650
 
 
 Remarks:
PRESENTING A SITE PLAN APPROVED INFILL DEVELOPMENT OPPORTUNITY WITH STREAMLINED PATH TO PERMIT & INTERIM INCOME IN DESIRABLE NORTH BEACH ENCLAVE. With Design Review Board (DRB) approval already secured and the project advancing toward construction permitting, this thoughtfully scaled residential project significantly reduces pre-development risk and provides a clear, efficient path toward ground-breaking. The approved plans contemplate a modern boutique building with rooftop amenities, private outdoor space, and a residential profile well-suited to the surrounding low-rise neighborhood fabric. Positioned amidst Miami Beach's enduring demand for newer housing options and limited competing product for approved projects, the opportunity presents a compelling timing advantage with existing cash-flow that allows development on a deliberate & flexible market-driven schedule while more than covering carry costs..
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