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Property profile & analytics
OFF-MARKET
Commercial real estate

704 84 St Miami Beach, FL 33141

Property ID
US18-0450264
Property summary
AI-generated overview

This exceptional 5,650 square foot development site, located at 704 84th Street in Miami Beach's desirable Biscayne Point area, presents a unique boutique development opportunity. Approved plans are in place for a four-story residential building, encompassing seven units: six units on the second and third floors, and a penthouse unit on the fourth floor boasting exclusive rooftop access. The building design incorporates a ground floor featuring a main entrance, elevator, and covered vestibule. Rear parking is conveniently accessible via a street-connected driveway. Residents will enjoy a shared rooftop amenity area. The building's height will be 42 feet, well within the permitted 50-foot zoning limit. The property is zoned RM1. The parcel number is 02-3202-008-1650. This prime location offers close proximity to Bal Harbour Shops and North Beach, and is minutes away from Miami's renowned beaches, resorts, and restaurants. This is an ideal opportunity to capitalize on the high demand for quality housing in this sought-after neighborhood. The existing single-family residence will be demolished to make way for this modern development.

Property profile
Verified
Property type Commercial real estate
APN 02-3202-008-1650
UPID US18-0450264
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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