About this Property

The rare opportunity to acquire 6 out of the 30 condo units. Four units have each 420 rentable square feet, while two units have 450 rentable square feet each. Under current zoning standards (RPS-3), the existing building is zoned to allow short-term rentals. With a total redevelopment, zoning standards allow a maximum of a 1.75 FAR, or 34,125 floor area which could translate to 70-75 hotel rooms, 3,500 SF retail, and 35 parking spaces.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC..