1311 15th Ter, Miami Beach, FL 33139

$2,450,000 Asking Price

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!

Features & Amenities

Exterior

General:
Livable, Other Bldg Incl

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
3900, ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1, 02-32-33-016-0050
Fencing:
Fenced
Current Use:
Multi-Family, Check Land Use Plan, Other Usage

Utilities

Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Coldwell Banker Realty, Roberto Cuneo

About Miami Beach, FL

Housing

Number of Units
82,069
Median Home Value
$619,013
Median Rent
$1,460

57.93% of housing units are renter occupied.

32.52% are vacant.

Commute

Car
44.34%
Public Transportation
5.99%
Walk to Work
6.35%
Work from Home
37.44%
Other
1.90%

The median travel time to work is 20 minutes.

People

Population
110,258
Median Age
43.20
Median Household Size
2.27

Education

High School
17.42%
Associate’s Degree
9.14%
Bachelor’s Degree
27.90%
Graduate Degree
24.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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