Unique opportunity to build and own an iconic new home in South Beach. Current owner plans to build the 3,800 sq ft home shown in photo renderings, with an estimated completion in Summer 2023. Architect & builder already in place, construction will begin this summer. This project is a game-changer for the neighborhood, with multiple decks, elevator, and second story plunge pool. The cost to build is approx $1.35M, so at asking price for the land $1,68M, the total cost is $3,04M. Estimated value of the finished home in the present market is at least $4.55M. For the patient buyer who wants the perfect home rather than a “what’s available” home, this is the most incredible deal on the market. Located in a trendy area of the West Avenue District that is undergoing major development.
