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412 Ocean Drive, Miami Beach, FL, USA, 33139

  • Posted: 6/12/2017 3:05:23 PM

Neighborhood: SOUTH BEACH SOUTH OF 5TH STREET

$8,000,000 USD

Long term investors will reap enormous rewards by acquiring this prime three parcel Ocean Drive Property on World Famous South Beach. The Property consists of a renovated 23 unit apartment building & two adjacent parcels of land which are currently used as a parking lot. The total lot size is 17,250 square feet. Of the total lot size, 11,500 square feet is vacant land. This will permit significant development without the historical constraints on redevelopment of existing Ocean Drive buildings. There is a lease with the current tenants that expires in 26 years. Please do not visit or speak with the tenants.