$2,549,000

This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. The property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until September 30, 2026 This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. The property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until September 30, 2026

$3,499,000

***Premier Location **This premier corner parcel benefits from maximum exposure on Bay Road, one of South Beach's most desirable residential corridors. DIRECTLY across from the Flamingo South Beach. Versatile Investment Profile: Eight residential units providing immediate income potential, well-maintained building with strong operational history, Exceptional redevelopment opportunity in a high-demand market, Corner location maximizes light, views, and architectural possibilities. Next door Developments include ultra-luxury Townhomes & Condos in the heart of South Beach. ***Premier Location **This premier corner parcel benefits from maximum exposure on Bay Road, one of South Beach's most desirable residential corridors. DIRECTLY across from the Flamingo South Beach. Versatile Investment Profile: Eight residential units providing immediate income potential, well-maintained building with strong operational history, Exceptional redevelopment opportunity in a high-demand market, Corner location maximizes light, views, and architectural possibilities. Next door Developments include ultra-luxury Townhomes & Condos in the heart of South Beach.