8221 Crespi Blvd
Miami Beach, FL 33141
5
Bed
5
Bath
3,104Sqft
5,750Sqft(Lot)
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.
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 5 Full Baths: 5Roofing Information
Barrel, Concrete, Flat, TileFlooring Information
CeramicTile, Tile, Vinyl -
Interior Features
OtherRoof: Barrel, Concrete, Flat, TileAppliances: Dishwasher, Disposal -
Heating & Cooling
Has Heating: Yes Heating: HeatPump, WallFurnace Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits Water front: 1
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Building Information
Year Built: 1956Building Area Total: 3180Construction Materials: BlockFrontage Length: 50Pool Features: NonePrivate Pool: NoWater front Features: Bayfront,FixedBridge,IntracoastalAccess,OceanAccessView: Bay -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 5750 Lot Size Square Feet: 5,750 Lot Description: LessThanQuarterAcreProperty Information
Subdivision: BISCAYNE BCH SUB Source Property Type: Residential Postal Code Plus 4: 1302 Zoning Description: 3900 Property SubType: Single Family Residence Direction Faces: North Property Age: 70
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Listing Price Information
Listing Price: $1850000Original Price: $1950000Cash
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Tax Information
Parcel Number: 02-32-02-008-2110 Tax Year: 2023 Annual Tax: $12481 Tax Legal Desc: 2-3 53 42 BISCAYNE BEACH SUB PB 44-67 LOT 14 BLK 9 LOT SIZE 50.000 X 115 COC 22762-1375 09 2004 1
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Virtual Tour
Parking Information
Other
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Location Information
WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1405 Stillwater Dr, Miami Beach, FL, 33141 | $4,790,000 | 4 | 3 | 3,019 | 3,019 SqFt |
| 8005 Noremac Ave, Miami Beach, FL, 33141 | $4,750,000 | 4 | 4 | 3,137 | 3,137 SqFt |
| 1398 Bay Dr, Miami Beach, FL, 33141 | $12,000,000 | 5 | 6 | 4,115 | 4,115 SqFt |
| 6491 Allison Rd, Miami Beach, FL, 33141 | $14,500,000 | 5 | 5 | 3,985 | 3,985 SqFt |
| 1161 Stillwater Dr, Miami Beach, FL, 33141 | $6,995,000 | 4 | 3 | 3,289 | 3,289 SqFt |
| 6311 La Gorce Dr, Miami Beach, FL, 33141 | $1,999,000 | 3 | 3 | 2,247 | 2,247 SqFt |
| 2131 Biarritz Dr, Miami Beach, FL, 33141 | $995,000 | 3 | 2 | 1,360 | 1,360 SqFt |
| 1540 Cleveland Rd, Miami Beach, FL, 33141 | $4,940,000 | 5 | 4 | 2,849 | 2,849 SqFt |
| 7300 Ocean Ter, Miami Beach, FL, 33141 | $49,900,000 | -- | -- | -- | |
| 1221 Biarritz Dr, Miami Beach, FL, 33141 | $1,499,000 | 4 | 3 | 1,760 | 1,760 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 12:52
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