809 2nd ST

Address
809 2nd ST, Miami Beach, FL 33139
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Price
1695000
1695000
Price not disclosed
Price per sqft
Total Units
Price per Units
Status
For Sale
Type
Land
Space Avail.
sq ft
Divisible
Max Cont. Space
sqft
Bedrooms
Bathrooms
Floors
Year Built
Property Size
sq ft
Lot Size
2656
sq ft
Parking
LOcATION
South Beach
No items found.
No items found.
The Details

Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Nestled in one of South Beach's most desired enclaves, the SOFI neighborhood offers a pedestrian lifestyle surrounded by the ocean and some of the city's best restaurants and night life. Zoning is RPS-2.

Listing Type
Key Features
Residential
  • In the heart of SoFi, this is an incredible build opportunity blocks away from the beach.
  • RPS-2 Zoning, offered without any current entitlements.