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$25,500,000
Est. payment /mo
28,606 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 28,606 sqft
Price per Sqft $891
MLS Listing ID A11754373
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $87,004
Lot Size 0.321 Acres
Property Sub-Type Mixed Use
Property Description
PRIME MIXED USE HOTEL/RETAIL BUILIDNG in one of the most prominent and visible corners in the Faena District in Miami Beach, directly across the street from the Edition Resort and just steps to the beach. This exciting opportunity allows you to reposition and redevelop one of Faena districts last remaining development sites. All structural and exterior work has been completed, allowing you to step into the final phase of the project permitting you the opportunity to design your own unique concept. Develop the project with the approved plans and permits to create a distinctive 44 unit, all suite resort with over 7,500 sq feet of retail or take advantage of the prime zoning allowing you to develop up to a 70 room hotel.
Location
State FL
County Miami-dade
Area 32
Interior
Window Features Impact Glass
Exterior
Private Pool Yes
Building
Story 4
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID 02-32-26-001-0940
Security Features Fenced
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11754373
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Listed by One Sotheby's International Re