441 Collins Ave Unit #2/5/7/10/12A/19, Miami Beach, FL 33139

$2,994,000
1
BA
420
SqFt
List Price
$2,994,000
MLS#
A11593453
Complex Name
Southern Star Condo
Status
ACTIVE
Type
Condo
Full baths
1
Living Area
420

Property Description

The rare opportunity to acquire 6 out of the 30 condo units. Four units have each 420 rentable square feet, while two units have 450 rentable square feet each. Under current zoning standards (RPS-3), the existing building is zoned to allow short-term rentals. With a total redevelopment, zoning standards allow a maximum of a 1.75 FAR, or 34,125 floor area which could translate to 70-75 hotel rooms, 3,500 SF retail, and 35 parking spaces.

Additional Information

Days on Market
21
Interior Features
First Floor Entry
Tax Amount
$3,850
Parcel Number
02-42-03-030-0020
#Garage Spaces
4
Bedroom Description
At Least 1 Bedroom Ground Level
Exterior Features
None
Association Fee
$1100
Unit View
None
Parking Restrictions
2 Or More Spaces
Pet Restrictions
Restrictions Or Possible Restrictions
Pets Allowed
Yes
Unit Number
2/5/7/10/12A/19
SqFt Liv Area
420
Amenities
None
Year Built
1965
Style
Condo 1-4 Stories, Condo
Restrictions
No Restrictions, Ok To Lease
Development Name
Southern Star Condo
Section
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC., Contact: