$1,550,000
$1,695,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
809 2nd St Miami Beach, FL 33139
4 Beds
5 Baths
2,656 Sqft Lot
Key Details
Sold Price $1,550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11482712
Style Contemporary/Modern,Detached
Bedrooms 4
Full Baths 4
Half Baths 1
Annual Tax Amount $16,219
Tax Year 2022
Lot Size 2,656 Sqft
Property Description
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. Zoning is RPS-2.
Location
State FL
County Miami-dade County
Community Ocean Beach Addn No 3
Area 42
Interior
Heating Other
Cooling Other
Flooring Marble, Tile, Wood
Exterior
Exterior Feature Other
Parking Features Attached
Garage Spaces 1.0
Pool None
Community Features Other
View Y/N Yes
View Ocean
Roof Type Other
Building
Lot Description < 1/4 Acre
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with The Corcoran Group