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ICM#: 1614
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1


Property Name:  Residential/Commercial Development Opportunity

Location:  South Beach

Asking Price:  $1,599,000

Number of Units:  18

Lot Size:  17250

Total Square Feet:  8625

Year Built:  1958


Types of Properties Buildable:  residential/offices

Watefront:  NO

This property includes 1247 West Avenue (currently a 16 unit apt building), 1255 West Avenue (a house) and 1234 13th Street (house). Approved building plans for 6 story, 40 unit hotel. potential same as "Twelth on West" development being built on the same size parcel on other end of the block (12st & West).

Contact
MLR Realty
(305) 673-3303
Email


Additional Information
Zoning and approved building plans to demolish and build a 6 story 40 unit hotel, retail and parking gargage development or 30 two bedroom townhomes on 3 adjacent parcels on West Avenue and 13th Street corner with diagonal downtown water views across street: 1247 West Avenue (18 unit apt blding), 1255 West ave (house) & 1234 13 st (house). All fully rented with $20k income. Owner would consider joint venture. Potential same as "Twelth on West" development being built on the same size parcel on other end of block (12st & West)
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