$8,300,000
$9,990,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
202 Sunrise Dr Key Biscayne, FL 33149
Key Details
Sold Price $8,300,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Bahama House South Condo
MLS Listing ID A11075061
Sold Date 03/10/22
HOA Y/N No
Annual Tax Amount $69,344
Tax Year 2020
Contingent No Contingencies
Property Description
Unique opportunity for development or remodel on 29,700 SF + lot, just steps from the beach in Key Biscayne! Plans approved and valid for a luxurious boutique four-story condominium featuring 11 three-bedroom units and rooftop amenities. The existing two-story building includes 12 two-bedroom units, actively rented with flexible lease terms. Interesting possibility exists to convert to short term rentals which are high in demand. The exclusive island of Key Biscayne offers a lively community with a ‘small town’ feel, top ‘A’ rated schools, boutiques, gourmet restaurants, miles of beaches and the Yacht Club all a short walk or golf cart ride away.
Location
State FL
County Miami-dade County
Community Bahama House South Condo
Area 52
Exterior
Utilities Available Cable Available, Electricity Available, Trash Collection, Water Available
Waterfront No
Building
Faces North
Sewer Public Sewer
Water Public
Others
Tax ID 24-52-05-018-0010
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Compass Florida, LLC