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
| MLS # | A12062281 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | C W V Realty Group LLC | Humberto Rinaldi Sr |
| Zoning | 3900 |
|---|---|
| Acreage | 5000.00 |
| Tax Annual Amount | 20752 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 32 |
| Community Name | ALTON BEACH BAY FRONT RE |
| Listing VS Median (in ALTON BEACH BAY FRONT RE) | |
Price: $2,549,000 low | high Med: $2,145,000 On site: 32 low | high Med: 95 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 32 |
| Community Name | ALTON BEACH BAY FRONT RE |
| Listing VS Median (in ALTON BEACH BAY FRONT RE) | |
Price: $2,549,000 low | high Med: $2,145,000 On site: 32 low | high Med: 95 | |