Pre-Construction Waterfront Residence with
703 NE 24th St Miami, FL 33137
For Sale
Contact for pricing
Pending
Pre-construction waterfront residence with 4-bed office layout, 5½ baths, terrace, and direct bay/ocean views.
Property Size2,663 SF
Days on Market105
Property Features for 703 NE 24th St
General Information
- Standard status
- Pending
- Size
- 2,663 SF
- Property subtype
- Multifamily
Listing Agency:
NVEST Estates
Listed By:
Richie Quintyne
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 23 at 12:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NVEST Estates
Investment Insights
Based on property information with market context.
This listing presents a pre-construction waterfront residence with a 4-bedroom layout plus office/media room and staff room, totaling 5½ bathrooms. The interior is 2,663 sq. ft. with an additional 247 sq. ft. terrace. Residences are described as finished with two flooring options, include two high-speed elevators, and are configured as a sunrise-sunset flow-through from east to west. The development also offers 2 acres of amenities, and each residence is described as having unobstructed, direct bay/ocean views.
The scheduled completion is summer 2024, with a deposit schedule calling for 20% on contract, followed by 5% at groundbreaking (about summer 2023), 5% at the 20th floor (about Q3 2024), 10% at top off (about Q1 2025), and 5% at closing (about Q3 2025), with the remaining 60% due at closing. Annual tax is stated at 1.8%, and HOA fees are stated at $0.76 per sq. ft., with HOA including building insurance. The remarks also cite competitive rental pricing at approximately $8 per sq. ft., with potential rental income estimated at about $23,500 per month, unfurnished.
The scheduled completion is summer 2024, with a deposit schedule calling for 20% on contract, followed by 5% at groundbreaking (about summer 2023), 5% at the 20th floor (about Q3 2024), 10% at top off (about Q1 2025), and 5% at closing (about Q3 2025), with the remaining 60% due at closing. Annual tax is stated at 1.8%, and HOA fees are stated at $0.76 per sq. ft., with HOA including building insurance. The remarks also cite competitive rental pricing at approximately $8 per sq. ft., with potential rental income estimated at about $23,500 per month, unfurnished.
Key Highlights
- Pre‑construction waterfront residence in Edgewater, Miami, FL (scheduled completion summer 2024).
- 4‑bedroom + office + staff room, 5.5 bathrooms; interior 2,663 SF plus 247 SF terrace.
- Unobstructed, direct bay/ocean views with east‑to‑west (sunrise‑sunset) flow‑through layout.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Pre-construction waterfront residence with 4-bed office layout, 5½ baths, terrace, and direct bay/ocean views.
Where is this residential income property located?
The property is located at 703 NE 24th St Miami, FL.
What are key features of this property?
This property features: Pre‑construction waterfront residence in Edgewater, Miami, FL (scheduled completion summer 2024).; 4‑bedroom + office + staff room, 5.5 bathrooms; interior 2,663 SF plus 247 SF terrace.; Unobstructed, direct bay/ocean views with east‑to‑west (sunrise‑sunset) flow‑through layout.
