944 5th St Miami Beach, FL 33139

$10,950,000
944 5th St, Miami Beach, FL 33139
A10509479

Commercial Property for sale in Miami Beach, FL

for $10,950,000. This building was built in 2018 on a lot size of 21000.

Property Information

  • $10,950,000
  • Commercial
  • Taxes are $42,649
  • Hotel/Motel
  • Active
  • Lot size of 21000
  • Built in 2018
  • Miami Beach, FL
  • South Pointe Neighborhood
  • Miami-Dade County
  • MLS/Web ID is A10509479

Description

LOCATION, LOCATION , LOCATION AMAZING OPPORTUNITY TO PURCHASE THIS HOTEL/RETAIL DEVELOPMENT OPPORTUNITY ON 5TH STREET IN MIAMI BEACH. 1/2 ACRE OF LAND WITH COMPLETE SET OF ARCHITECTURAL PLANS, IN PLACE PERMITS AND IMPACT FEES PAID. SELLER HAS COMPLETED OVER $5 MILLION IN FOUNDATION AND UNDERGROUND PARKING STRUCTURE. BEING SOLD AT UNDER LAND VALUE. MOVE QUICKLY TO TAKE ADVANTAGE OF THE OVER $5 MILLION IN IMPROVEMENTS PLUS EXISTING PLANS AND PERMITS.

Exterior 2

Lot Description

  • Outbuilding(s)

Parking

  • Guest Parking
  • On Street Parking
  • Under Building

Miscellaneous 1

Documents

  • Drawings
  • Survey

† Excluded Feature

Listed By

Broker: BROWN HARRIS STEVENS

944 5th St , Miami Beach, FL, 33139 is a Commercial Property for sale at $10,950,000 with a lot size of 21000. 944 5th St has 0.0 baths and was built in 2018. 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 $1,767,055 84 % below $599,000 95 % below
Commerical listings in Miami Beach $3,781,097 65 % below $2,900,000 74 % below

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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