$8,250,000
0.59
Acres
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Property Description
One-of-a-kind opportunity to develop a sixty (60) unit condominium building located directly on Revere Beach. Fully approved and permit ready, the plans call for fifty-seven (57) 1 bed/1 bath units ranging from 693 sq/ft to 968 sq/ft and three (3) 2 bed/2 bath units all 1,635 sq/ft. All units boast private balconies. Ninety (90) parking spaces (eighty-two (82) interior and eight (8) exterior). Rooftop restaurant with over 4,400 sq/ft plus wraparound balcony. Resident fitness center. Ideally situated on Revere Beach in close proximity to downtown Boston, Logan Airport, MBTA Wonderland Stop (Blue Line), shops, restaurants, hotels and other new residential developments.
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Highlights
- Area: Revere Beach
- Property Type: Residential
- Property Class: Land
- Status: Active
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Additional Details
- Lot Features: Level
- Zoning: Rc1
- Road Frontage Type: Public
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Marina, T-Station, Sidewalks
- Waterfront Features: Waterfront, Ocean, Walk to, Public, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Waerfront: Yes
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Utilities
- Electric: On-Site, At Street
- Water Source: Public, On-Site, At Street
- Sewer: Public Sewer, On-Site, At Street
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Fees / Taxes
- Assessed Value: $2,967,800
- Taxes: $27,037
- Tax Year: 2024
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Listing information provided courtesy of Gibson Sotheby's International Realty.
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