Townhome – Miami Beach, Florida, USA
- Bedrooms4
- Bathrooms5
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.
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