8221 Crespi Blvd, Miami Beach FL 33141 — #A11619556
- $1,850,000
- $1,850,000
Description
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
This listing is courtesy of The Corcoran Group
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Overview
- Single Family
- 5
- 5
- 0
- 3104 sqft
- 1956
- A11619556
Details
Updated on June 10, 2026 at 6:12 pm-
Property ID A11619556
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Price $1,850,000
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Property Size 3104 sqft
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Bedrooms 5
-
Bathrooms 5
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Garage 0
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Year Built 1956
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Type Single Family
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Property Status For Sale
Address
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Address: 8221 Crespi Blvd
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City: Miami Beach
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State/county: Florida
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Zip/Postal Code: 33141
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Area: BISCAYNE BCH SUB
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Country: United States
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