Overview
- Single Family Residence, Residential
- 5
- 5
- 3180 Sqft
- 1956
Description
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.
Listing courtesy of The Corcoran Group.
Address
Open on Google Maps- Address: 8221 Crespi Blvd
- City: Miami Beach
- State/county: FL
- Zip/Postal Code: 33141
- Area: BISCAYNE BCH SUB
Details
Updated on December 17, 2025 at 6:31 pm- Property ID A11619556
- Price $1,950,000
- Property Size 3180 Sqft
- Bedrooms 5
- Bathrooms 5
- Garage Size x x
- Year Built 1956
- Property Type Single Family Residence, Residential
- Property Status Active
Additional details
- Listing Terms Cash
- Roof Barrel, Concrete, Flat, Tile
- Sewer Public Sewer
- Cooling Ceiling Fan(s),Wall/Window Unit(s)
- Heating Heat Pump,Wall Furnace
- Flooring Ceramic Tile,Tile,Vinyl
- County Miami-Dade
- Property Type Residential
- Pool None
- Parking Other
- Waterfront Bayfront,Fixed Bridge,Intracoastal Access,Ocean Access
- Architectural Style Duplex
Features
360° Virtual Tour
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees

- Kevin Arango, P.A. – Miami Realtor | The Arango Group, Coldwell Banker Realty
