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$12,750,000
Est. payment /mo
11,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $1,159
MLS Listing ID A12021193
HOA Y/N No
Lot Size 0.709 Acres
Property Sub-Type Multi Family
Property Description
Exceptional 1031 Exchange opportunity in the heart of Surfside. The Corcoran Group is proud to present a rare bulk-sale assemblage consisting of five (5) single-family parcels spanning approximately 30,900 SF of land across three prime Surfside blocks. The portfolio includes two contiguous Carlyle Avenue lots (9424 & 9432) currently operating as an expansive ±11,200 SF double-lot compound, an additional Carlyle parcel at 9524, and two Abbott Avenue properties at 9381 and 8951.
Positioned on the desirable dry side of A1A and just moments from the Atlantic Ocean, Bal Harbour Shops, and the Four Seasons at The Surf Club, this offering presents an ideal replacement property opportunity for a 1031 exchange buyer seeking long-term appreciation, redevelopment potential, and generational wealth preservation in one of South Florida's most supply-constrained luxury coastal markets.
Offered exclusively as a portfolio sale for $12,750,000, the assemblage provides immediate scale, multiple value-add strategies, and the ability to secure a significant footprint in highly sought-after Surfside. Ideal for investors, developers, family offices, or buyers looking to reposition exchange proceeds into a premier Miami-area land holding.
Positioned on the desirable dry side of A1A and just moments from the Atlantic Ocean, Bal Harbour Shops, and the Four Seasons at The Surf Club, this offering presents an ideal replacement property opportunity for a 1031 exchange buyer seeking long-term appreciation, redevelopment potential, and generational wealth preservation in one of South Florida's most supply-constrained luxury coastal markets.
Offered exclusively as a portfolio sale for $12,750,000, the assemblage provides immediate scale, multiple value-add strategies, and the ability to secure a significant footprint in highly sought-after Surfside. Ideal for investors, developers, family offices, or buyers looking to reposition exchange proceeds into a premier Miami-area land holding.
Location
State FL
County Miami-dade
Area 22
Exterior
Private Pool Yes
Others
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
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Listed by The Corcoran Group
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."