The rare opportunity to acquire 6 out of the 30 condo units. Four units have each 420 rentable square feet, while two units have 450 rentable square feet each. Under current zoning standards (RPS-3), the existing building is zoned to allow short-term rentals. With a total redevelopment, zoning standards allow a maximum of a 1.75 FAR, or 34,125 floor area which could translate to 70-75 hotel rooms, 3,500 SF retail, and 35 parking spaces.
Property Type :
Residential
Subdivision :
Southern Star Condo
County :
Miami-Dade County
Style :
Residential
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ByOwner last updated this listing 06/17/2024 @ 04:53
MLS: A11593453
LISTED BY: Arthur Porosoff, Compass Florida, LLC.
SOURCE: SEFMIAMI
Buyer Agency Description: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.
