8221 Crespi Blvd, Miami Beach, FL 33141
Local realty services provided by:ERA South Dade Realty
Listed by:julian johnston
Office:the corcoran group
MLS#:A11619556
Source:SEFMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$613.21
About this home
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
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Home facts
- Year built:1956
- Listing ID #:A11619556
- Updated:September 18, 2025 at 09:52 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,104 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall/Window Units
- Heating:Heat Pump, Wall Furnace
Structure and exterior
- Roof:Barrel, Concrete, Flat, Tile
- Year built:1956
- Building area:3,104 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$613.21
- Tax amount:$12,481 (2023)
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