Unique opportunity to build and own an iconic new home in South Beach. Current owner plans to build the 3,800 sq ft home shown in photo renderings, with an estimated completion in Summer 2023. Architect & builder already in place, construction will begin this summer. This project is a game-changer for the neighborhood, with multiple decks, elevator, and second story plunge pool. The cost to build is approx $1.35M, so at asking price for the land $1,68M, the total cost is $3,04M. Estimated value of the finished home in the present market is at least $4.55M. For the patient buyer who wants the perfect home rather than a “what’s available” home, this is the most incredible deal on the market. Located in a trendy area of the West Avenue District that is undergoing major development.
Courtesy of: Miller Eaton LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 16th May, 2022 10:10 PM (UTC)