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Knockdown or Hold? Buyers Torn Over Miami Beach Shack

November 14 2022

A 1960s beach shack overlooking the ocean along Miami’s premier Marine Parade strip has prospective buyers torn on whether to hold, renovate or rebuild.
Knockdown or Hold? Buyers Torn Over Miami Beach Shack

A cute navy and white house in Miami – one of the few remaining original shacks fronting the beach on Marine Parade – is stirring up nostalgia among those dreaming of a long hot summer.

Built in 1960, the original split-level house at No. 72 overlooks the sand and the surf, with the kind of backyard where lengthy cricket matches were battled out in the heat of the day.

72 MARINE PARADE | Kollosche

“The front windows slide open to show off those magical views over the beach and let the sea breezes flow through,” says Kollosche sales agent Carlie Mills, who is marketing the property alongside selling principal Michael Kollosche ahead of a 25 November auction.

72 MARINE PARADE | Kollosche

“Buyers who have been through appreciate the potential to knock down and rebuild, but others are loving the idea of walking home from the beach covered in sand and not having to worry about the house.”

A white picket fence, original timber flooring, and timber veneer cabinetry lend character to the three-bedroom pad, with space underneath for storage, study or games.

72 MARINE PARADE | Kollosche

While the home’s location and character conjure images of wandering barefoot to the beach with a towel over the shoulder, it’s the potential of the block that makes this property a standout.

“There are few opportunities left to develop sites along Marine Parade and the comparables are 405m2 with a 10m frontage,” says Carlie. “This property offers a large 678m2 block with a 12m frontage, which opens up the options for redevelopment.”

The property is being sold with approval in place for a new Hamptons-style beach house set over three levels, to capitalise on exceptional ocean views.

The design allows for a pool, spa and games room plus five-car parking on level one; open-plan kitchen, living and dining with a beachfront balcony plus three bedrooms on level two; and a grand master bedroom suite on the top level.

“Chances to build along the Marine Parade beachfront strip are limited and this house is beautifully designed to take best advantage of the block and the location,” says Carlie.

“The options are open for a new owner to build the existing plans, enjoy the house as is, or further explore the development potential.”

72 MARINE PARADE | Kollosche

Miami has become a highly sought-after suburb in recent years, favoured heavily by young families seeking a beachside lifestyle with the popular Nobby Beach dining precinct close by.

“The lifestyle on offer here is incredible – swim, surf or walk on the beach every day, with cafés within a short stroll in either direction,” says Carlie.

“Marine Parade is the suburb’s premiere beachfront strip with few opportunities to get a foot in.”

 

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