Maison Azure — private collection
8221 Crespi Boulevard
$1,850,000
Miami Beach, FL
5 bd · 5 ba · 3,104 sf
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 3,104 sf
- Lot
- 0.13 ac
- Built
- 1956
- Price / sq ft
- $596
The residence
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
Distinctions
Views
- Bay
Waterfront
- Ocean Access
- Bayfront
- Intracoastal
The gallery
The community
Biscayne Bch Sub
Market stats, every listing & what homes here are worth →
The setting
Presented by
The Corcoran Group · Julian G Johnston
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