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6881 Indian Creek Dr - Shovel Ready Townhome Development Site
0.28 Acres of Residential Land Offered at $5,950,000 in Miami Beach, FL 33141
Investment Highlights
- Shovel Ready- Full Approved Plans For 5 Townhomes
- Spacious lot of 12,062 square feet
- Abduting The North Beach Town Center District
Executive Summary
Property Facts
Price | $5,950,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
Sale Conditions | Redevelopment Project | Total Lot Size | 0.28 AC |
No. Lots | 1 |
Price | $5,950,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.28 AC |
1 Lot Available
Lot
Price | $5,950,000 | Lot Size | 0.28 AC |
Price Per AC | $21,487,514 |
Price | $5,950,000 |
Price Per AC | $21,487,514 |
Lot Size | 0.28 AC |
Remarkable development opportunity in the vibrant north end of Miami Beach. 12,062 square foot lot is being offered with fully approved architectural plans for 5 luxurious townhomes.
Description
An exceptional shovel ready real estate opportunity located at 6881 Indian Creek Drive in the vibrant north end of Miami Beach. This prime property encompasses a spacious lot of 12,062 square feet and comes with fully approved architectural plans, paving the way for the development of an exclusive community of five luxurious townhomes. Each of the proposed five townhomes is designed to be a masterpiece of modern living, offering an average living space of 3,010 square feet, culminating in a total developed area of 15,258 square feet. This development promises to deliver an unparalleled living experience, combining spacious interiors with contemporary design. Each townhome includes a 2-car garage, a pool, multiple balconies, a rooftop terrace, and a hot tub. Presently, the lot hosts a dilapidated multifamily building, spanning 9,513 square feet with 30 individual units which will need to be demolished to make way for the development project. The location of 6881 Indian Creek Drive is particularly notable, as it borders the North Beach Town Center district, an area currently witnessing an explosive growth of large-scale developments. This proximity places the property at the heart of a dynamic urban expansion, promising a vibrant community atmosphere and making it an attractive proposition for developers and investors alike. This is a rare and valuable development opportunity in Miami Beach. With its generous lot size, approved plans for five high-end townhomes, and a strategic location near the hub of urban development, 6881 Indian Creek Drive represents an incredible investment in one of the city’s most sought-after districts.
PROPERTY TAXES
Parcel Number | 02-3211-001-0750 | Improvements Assessment | $6,002 |
Land Assessment | $1,222,104 | Total Assessment | $1,228,106 |
PROPERTY TAXES
zoning
Zoning Code | RM-1 (Development Regulations and Parking) |
RM-1 (Development Regulations and Parking) |
Presented by
6881 Indian Creek Dr - Shovel Ready Townhome Development Site
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