Description
Development site - 160 feet of pristine ocean frontage
One of the few remaining developable oceanfront properties
Superior location - City's Atlantic Overlay District (AOD) - Restaurants, shopping, entertainment...
Development potential - Zoning (RM-20, AOD) provides for a maximum of 18 luxury condominiums (36 hotel rooms), building height - 105'.
Land square footage and dimensions are for developable. See survey for boundary and platted data.
Presently operating as a boutique hotel, 17 rooms - (1) 2 bedroom, (9) 1 bedroom, (7) studios. Building square footage - 10,447. Provides income until development plans are finalized.
Do not go on the property or speak with employees or guests. See Broker Remarks - Contact listing agent.
Location
Courtesy of: Coldwell Banker Realty 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. Updated: 6th July, 2022 7:10 AM (UTC)
