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$2,500,000
1850 S Treasure Dr
NORTH BAY VILLAGE, FL 33141
Beds Baths
Vacant Land - MLS#: A10646255
Subdivision: TREASURE IS 1ST ADDN PORT Subdivision
Great Long Term Investment/new Development Opportunity! Offered At $2.5m Are A Multi Family Zoned (rm 40) Bayfront 12,000 Sf Lot With 80 Ft Of Wf & A Low Rise, 10 Unit Multi Family Apartment Building Rented & Income Producing. The Lot Is On A Ground Lease With The Building, & The Lease Can Be Cancelled Upon Closing Of The Lot & The Building, If Sold To The Same Buyer. Lot Is Offered At $1m, And Building Is Offered Separately At $1.5m. North Bay Village Is An Up And Coming Waterfront Community With Great Potential For The Near Future, & It Allows Short Term & Airbnb Rentals. Keep The Current Income Producing Building, Build A New Multi Family Building, Or Build A Single Family Home. Single Family Land On S Treasure Currently Sells At $200 $250/sf.
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