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Key Details
Sold Price $1,825,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Biscayne Point
MLS Listing ID A11302518
Sold Date 05/08/23
HOA Y/N No
Annual Tax Amount $14,650
Tax Year 2021
Contingent Pending Inspections
Lot Size 8,973 Sqft
Acres 0.206
Property Description
Achieve water views from all 4-bedrooms on Biscayne Point Island, Miami Beach, FL, new dev home site land for sale. Rare opportunity to build a 2-story luxury residence on the water. No fixed bridges to the Ocean via Haulover Cut. This 9,000 SF lot offers 210' of sea wall accommodating up to 60' boats with approximately a 4' to 5' draft in low tide. Sold as land value. Last similar lot sold for $2.825 mm. Sea wall permit is approved. Plans attached for a 4 bed & 5 bath pool home. Prime Island location surrounded by multi-million-dollar estates on a gated island. New Construction homes are listing for $13 mm for proforma profit could be $3.0 to $6 mm +/-.
Location
State FL
County Miami-dade County
Community Biscayne Point
Area 32
Direction Use GPS and see sign on property. Sea Wall Permit Approved. Home a tear down. Plans submitted and in process.
Exterior
Waterfront Yes
Waterfront Description Canal Front,No Fixed Bridges,Ocean Access,Seawall
View Canal
Street Surface Paved
Building
Lot Description < 1/4 Acre
Faces East
Others
Tax ID 02-32-03-001-2900
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Douglas Elliman