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Investment Opportunity w/ fully APPROVED PLANS in Prime South Beach and trending West Ave neighborhood to build 2 luxury townhomes. The current structure is a charming 3-bedroom, 2-bathroom home priced among the lowest in the area and offers incredible potential. Whether you're looking to build two townhomes or renovate the existing home to your personal taste, this property is a value-add purchase for investors and end-users alike. Approved plans include two luxury townhomes, 3 bedrooms each with private rooftop terraces, BBQ area and plunge pools. Located within walking distance to Lincoln Road, parks, Sunset Harbour, and Whole Foods — convenience and lifestyle. No high HOA fees for the townhomes - great incentive and value.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 10 Century Ln | $2,500,000 | 2/1 | 1,061 | 99 | $0 | ||
| 1339 14th Ter | $2,550,000 | 3/2 | 1,484 | 138 | $0 | ||
| 301 W Rivo Alto Dr | $2,999,000 | 5/2 | 2,482 | 231 | $0 | ||
| 114 1st Rivo Alto Ter | $3,795,000 | 3/2 | 2,003 | 186 | $0 | ||
| 200 E Rivo Alto Dr | $4,450,000 | 3/3 | 2,843 | 264 | $0 | ||
| 114 4th Rivo Alto Ter | $4,600,000 | 4/3 | 3,539 | 329 | $0 | ||
| 222 E Rivo Alto Dr | $5,750,000 | 4/3 | 3,281 | 305 | $0 | ||
| 431 W Rivo Alto Dr | $5,950,000 | 5/4 | 4,352 | 404 | $0 | ||
| 412 E Rivo Alto Dr | $6,299,000 | 5/5 | 3,406 | 316 | $0 | ||
| 8 Century Ln | $8,990,000 | 3/2 | 1,205 | 112 | $0 | ||
| 8 Century Ln | $13,500,000 | 2/1 | 0 | 0 | $0 | ||
| 11 E Rivo Alto Dr | $17,500,000 | 4/5 | 5,050 | 469 | $0 | ||
| 444 W Rivo Alto Dr | $17,950,000 | 5/5 | 4,837 | 449 | $0 | ||
| 401 E Rivo Alto Dr | $18,950,000 | 8/7 | 5,804 | 539 | $0 | ||
| 424 W Rivo Alto Dr | $44,995,000 | 18.41% | 6/6 | 6,867 | 638 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 06/24/2025 | $9,300,000 | $9,750,000 | 4 | 4 | 3,318 | 7 months |
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