Sold

1425 Bay Rd

Miami Beach FL, 33139

$2,695,000


$451.60 per sqft

Sold

0.14 Acres

Land

Location, Location, Location. Prime Development Opportunity in the heart of South Beach. This 6,000 square foot vacant property lot is in one of the most desirable areas of Miami Beach. The Miami Design Review Board has approved a 7,440-square-foot multifamily/luxury townhouse. The complex consists of 3 units with 2,490-square-feet for each unit. Each townhouse contains 3-bedroom 3.5 bath with a 2-parking space garage. For the complex, a total of 6 garage spaces at ground level. The 50-foot-tall residence will have 3 rooftops solar arrays: 1 for each townhouse unit. Only 2 blocks from Lincoln Road and Alton Road. Walk to Trader Joes, Whole Foods, Best Shopping and Dining. Several New Construction townhomes currently being built in the area.

A11328377

MLS ID

January 16, 2023

Listed

February 15, 2024

Updated

Map

1425 Bay Rd
Miami Beach FL, 33139

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Corner Location, Build To Suit, Fenced, Sidewalk


Sewer

Public Sewer

Other Property Details

Area Name

Alton Beach Bay Front Re-


Taxes

$19,409


Tax Frequency

Annually


Days on Market

71


Garage

No


View

No


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

3900


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

9/15/2023

Price Change

$2,695,000

-1%

9/15/2023

Sold

$2,695,000

5/23/2023

Pending

Courtesy of One Sotheby's International Re with Mina Taskiran, Giovanni Mancini
Listing Contact: 305-206-4551 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 8:37 PM UTC, 2/15/2024.

Powered byLuxury Presence