441 Collins Avenue #2/5/7/10/12A/19 Miami Beach, FL 33139

$2,994,000
1
Baths
420
SQFT
7129
$/SQFT
$2,994,000
1
Baths
420   sf
$7129 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    Southern Star Condo
  • HOA Dues
    $366/mo
  • Tax Amount
    $3,850
  • Status
    Active
  • Listing #
    A11593453
  • Built
    1965
  • Listed on site
    158 days

Listed by:
Compass Florida, LLC.

Source:
MIAMI MLS

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  • Has HOA
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