Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning