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Multi Family - NORMANDY BEACH SOUTH for Sale

7110 BONITA DR, MIAMI BEACH, FL 33141

Asking Price$9,999,000

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  • Days on market:

    8 day(s)
  • Adjusted Area:

    6320 sqft
  • Original Price:

    $9,999,000
  • Price per sqft:

    $1255.52
  • Tax Legal Description:

    NORMANDY BEACH SOUTH PB 21-54 LOT 5 & 6 LESS PART DEEDED FOR WIDENING 71 ST BLK 1 LOT SIZE 79.000 X 159 OR 16817-3486 0595 5 COC 24922-0444
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Waterfront:

    Yes
  • Waterfrontage (sqft):

    120
  • Waterfront Description:

    Canal FrontCanal Width 121 Feet Or More
  • Inclusions:

    None
  • Roof:

    Flat Roof With Facade Front
  • Cooling Description:

    Electric
  • Heating Description:

    Electric
  • Floor Description:

    Ceramic Floor
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$9,999,000 • living size area 7964 sqft • waterfront access

This property is being sold as a land development opportunity as current use 10 unit rental apartment building does not justify the cost , this property is zoned as tc1 zoning for 125 feet 69000 sqft buildable area either for hotel , micro unit apartments , retail at the bottom etc, that means we wont be providing you with current rent roll noi, cap , om etc as it will be of no use. so if you are developer , builder looking for a prime piece of land / property on the water to build develop nice hotel / condo development then please contact us. if you are looking for strictly multifamily existing property please look other properties ion next street as they are lot cheaper as zoning is different.

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