1020 PENNSYLVANIA AVENUE Miami Beach, FL 33139

$1,900,000
1020 PENNSYLVANIA AVENUE, Miami Beach, FL 33139
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A10351554

Commercial Property for sale in Miami Beach, FL

for $1,900,000. The lot size is 7000.

Property Information

  • $1,900,000
  • Commercial
  • Taxes are $14,146
  • Other / Unknown
  • Active
  • Lot size of 7000
  • Miami Beach, FL
  • Flamingo/Lummus Neighborhood
  • Miami-Dade County
  • MLS/Web ID is A10351554

 Virtual Tour

Description

FOR SALE IS A 7, 000 SQ FT LOT ZONED RM-1 MULTI FAMILY LOW DENSITY WITH A FAR OF 1.25 IN THE FLOURISHING FLAMINGO PARK NEIGHBORHOOD OF MIAMI BEACH (SOUTH BEACH). THE CURRENT SELLER HAS PLANS CREATED BY ARCHITECT VICTOR RODRIGUEZ TO DEVELOP SEVEN LUXURY TOW N HOMES WITH ROOF TOP TERRACES. THE TOTAL GROSS CONSTRUCTION AREA IS 11, 945 SQUARE FEET WITH A NET AREA OF 8, 750. THE FINAL PRODUCT WILL BE 7 UNITS WITH AND AVERAGE OF 1, 000 NET SQUARE FEET AND 500 SQFT ROOF TOP TERRACES, 1, 500 SQFT TOTAL.

Listed By

Broker: FORTUNE INTERNATIONAL REALTY

1020 PENNSYLVANIA AVENUE , Miami Beach, FL, 33139 is a Commercial Property for sale at $1,900,000 with a lot size of 7000. 1020 PENNSYLVANIA AVENUE has 0.0 baths. The property's zip code is 33139 which is in Miami Beach, FL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Miami Beach $1,868,106 2 % below $625,000 67 % below
Commerical listings in Miami Beach $4,044,789 113 % above $3,000,000 58 % above

Get the facts about Miami Beach, FL!

Population 89,945
Population Growth (since 2000) 2 %
Median Income $51,768
Median Age 42.16
Households w/ Children 16 %

Residential Dwellings

  • Owned 18980
  • Vacant 18318
  • Rented 29384

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