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704 84th St - Denbora Bay Development Site

0.13 Acres of Commercial Land in Miami Beach, FL 33141

Investment Highlights

  • Prime location: 704 84th Street in Miami Beach's desirable Biscayne Point area
  • Approved plans: Six units on 2nd and 3rd floors, penthouse on 4th floor with exclusive rooftop access
  • Building height: 42 feet (zoning allows up to 50 feet)
  • Boutique development opportunity: Four-story residential project with seven units
  • Amenities: Ground floor entrance with elevator, covered vestibule, and rear parking and shared rooftop area for all residents

Executive Summary

Colliers is pleased to present Denbora Bay, a boutique development opportunity located at 704 84th Street in the desirable Biscayne Point area of Miami Beach. This project features an existing single-family residence, which will be demolished to make way for a modern, four-story residential project, capitalizing on the growing demand for quality housing in this sought-after neighborhood.
The approved development features seven residential units, including six units on the second and third floors and a penthouse unit on the fourth floor with exclusive rooftop access. Key features of the property include a ground floor with main entrance, elevator, and covered vestibule, rear parking accessible via a street-connected driveway, and a shared rooftop amenity area for all residents. The building will stand at 42 feet in height, adhering to zoning requirements, which allow up to 50 feet.

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 0.13 AC

1 Lot Available

Lot

Lot Size 0.13 AC

The approved development features seven residential units, including six units on the second and third floors and a penthouse unit on the fourth floor with exclusive rooftop access.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3202-008-1650
Land Assessment
$508,500
Improvements Assessment
$109,935
Total Assessment
$618,435

zoning

Zoning Code RM1
RM1
  • Listing ID: 33382087

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 704 84th St, Miami Beach, FL 33141

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