1020 Pennsylvania Avenue Miami Beach, FL, 33139
$ 1,650,000Bedrooms Baths0.0
for $1,650,000. The lot size is 140 X 50.
RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH BEACH. Located in the historic Flamingo Park neighborhood of Miami Beach, this is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Additionally -- parking regulations were eliminated in 2017 which gives the developer who purchases this site more sellable building area. Incredible location only 1 block from Washington Ave, 2 blocks from Collins, and 3 blocks from Ocean Drive and the beach.
Sewer Sewer Storm Sewer
Water Source Municipal
Land Improvements Sidewalks Street Lights
Lot Description Alley Access Clear Lot Grass Inside Lot Soil Type _Dirt
Road Frontage City Street Paved Public Road
Miscellaneous* Excluded Features
Documents Aerial Photo Survey
Location Business District Near Beach Urban
Utilities Electric Gas Other Phone Line Available Water
View Ocean View
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Lots and land listings in Miami Beach, FL
Average List Price $5,132,965
Percent of Sale Price 211 %
About Miami Beach, FL
2 % Since 2002
$ 51,768 Median Income
42.16 Median Age
16 % Households with Children