533 & 543 Meridian Avenue
Multifamily, Re-development
Marketing description
Re-development Opportunity.
Zoned CPS-2 between 5th and 6th Street in South Beach. The zoning allows for commercial on the first floor and short-term rentals.
This is an excellent opportunity to acquire these two buildings for redevelopment. The existing structures comprise 25 units, featuring 1/1s and studios. Building 533 is 6280 sq. ft., and Building 543 is 6450 sq. ft. Each lot is 7000 sq. ft.
FAR 2.0
The building is a condominium, and the owners have decided it is time to sell.
Investment highlights
Re-development Opportunity.
Zoned CPS-2 between 5th and 6th Street in South Beach. The zoning allows for commercial on the first floor and short-term rentals.
This is an excellent opportunity to acquire these two buildings for redevelopment. The existing structures comprise 25 units, featuring 1/1s and studios. Building 533 is 6280 sq. ft., and Building 543 is 6450 sq. ft. Each lot is 7000 sq. ft.
FAR 2.0
The building is a condominium, and the owners have decided it is time to sell.
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