Miami Beach - Beach Property For Sale #2580332

Rare Opportunity! - this is one of the only VACANT LOTS available due to strict regulations on demolition of older structures in the area. This gives any development on the site a major competitive edge as the newest product on the market. Additionally parking regulations were eliminated in 2017 which gives the developer who purchases this site more sellable building area. Incredible location only 2 blocks from Collins, + 3 blocks from Ocean Drive and the beach. With an FLR of 1.25, this 7,000 LAND SF site has 8,750 Buildable Square Feet (BSF), which would allow space for up to 15 units. Site has 50 ft fronting Pennsylvania Ave and another 50 ft of frontage along the back alley way which does allow ingress & egress for residents. Architectural drawings & surveys are available upon request.