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.

Address

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Address: Crespi
City: Miami Beach
State/county: Miami-Dade
Zip/Postal Code: 33141

Details

Updated on July 17, 2026 at 9:55 pm

Property ID A11619556
Price $1,850,000
Property Size 3104 Sq Ft
Land Area 0.13 Sq Ft
Bedrooms 5
Bathrooms 5
Garage 0
Year Built 1956
Type Duplex
Property Status Residential

Additional details

BathroomsFull 5
BathroomsHalf 0
BuildingAreaTotal 3180
CLIP 2742734318
CarportSpaces 0
ConstructionMaterials Block
ContractStatusChangeDate 2025-03-04
Cooling Ceiling Fan(s), Wall/Window Unit(s)
CoveredSpaces 0
CumulativeDaysOnMarket 738
CurrentPrice 1850000
DaysOnMarket 738
DaysOnMarketReplication 738
DaysOnMarketReplicationDate 2026-07-16
DaysOnMarketReplicationIncreasingYN 1
DirectionFaces North
DocumentsCount 0
Electric Circuit Breakers
ElementarySchool Biscayne Beach
Flooring Ceramic Tile, Tile, Vinyl
FrontageLength 50.00
FrontageType Waterfront
Heating Heat Pump, Wall Furnace
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-877-9332
ListAgentEmail Julian@miawaterfront.com
ListAgentFirstName Julian
ListAgentFullName Julian G Johnston
ListAgentKey 26748082
ListAgentKeyNumeric 26748082
ListAgentLastName Johnston
ListAgentMiddleName G
ListAgentMlsId SEF3041178
ListAgentNationalAssociationId 277012389
ListAgentOfficePhone 305-395-4982
ListAgentPreferredPhone 305-877-9332
ListAgentStateLicense 3041178
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail Mercedes.Saewitz@corcoran.com
ListOfficeKey 5910188
ListOfficeKeyNumeric 5910188
ListOfficeMlsId SEFCSMG02
ListOfficeName The Corcoran Group
ListOfficePhone 305-395-4982
ListingAgreement Exclusive Right To Sell
ListingContractDate 2024-07-08
ListingKey 1120284068
ListingKeyNumeric 1120284068
ListingTerms Cash
LotSizeArea 5750
LotSizeDimensions 5750
MLSAreaMajor 2320
MajorChangeTimestamp May 11, 2026 at 07:59pm
MajorChangeType Price Change
MapCoordinateSource Imported
MiddleOrJuniorSchool Miami Beach Nautilus
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 17, 2026 at 07:09pm
OccupantType Call Agent
OnMarketDate 2024-07-09
OnMarketTimestamp 2024-07-09T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-16T16:17:25.167-00:00
OriginalEntryTimestamp July 8, 2024 at 01:37pm
OriginalListPrice 1950000
OriginatingSystemID M00000151
OriginatingSystemKey 16965521
OriginatingSystemListAgentMemberKey 1218765
OriginatingSystemListOfficeKey 1252303
OriginatingSystemModificationTimestamp 2026-07-16T16:17:25.167-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
OtherParking CarportSpaces:0.00
ParcelNumber 0232020082110
Permission IDX
PhotosChangeTimestamp July 17, 2026 at 07:09pm
PhotosCount 16
Possession Negotiable
PostalCity Miami Beach
PostalCode 33141
PostalCodePlus4 1302
PreviousListPrice 1950000
PriceChangeTimestamp May 11, 2026 at 07:59pm
PropertyCondition Resale
PropertySubTypeAdditional Single Family Residence
PublicSurveyTownship 2
Roof Barrel, Concrete, Flat, Tile
RoomsTotal 1
SecurityFeatures Smoke Detector(s)
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1120284068
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp July 8, 2024 at 09:26pm
StreetName Crespi
StreetNumber 8221
StreetNumberNumeric 8221
StreetSuffix Boulevard
StructureType Duplex
SubdivisionName BISCAYNE BCH SUB
TaxAnnualAmount 12481
TaxLegalDescription 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
TaxYear 2023
UniversalPropertyId US-12025-N-0232020082110-R-N
VideosChangeTimestamp 2026-07-17T19:09:18.727-00:00
VideosCount 0
View Bay
WaterSource Public
WaterfrontFeatures Bayfront, Intracoastal Access, Ocean Access
Zoning 3900