This versatile 20-unit property presents a rare opportunity for apartment, hotel, short-term rental, and food and beverage uses in South Beach’s high-intensity CD-3 Zoning District. Built in 1956, the 8,185-square-foot building includes 18 studios and 2 one-bedroom units on a 7,500-square-foot lot. Positioned between Lincoln Road Mall—featuring 200 retailers, restaurants,… Read More and art galleries—and the Miami Beach Convention Center, this site provides unmatched access to dining, shopping, and cultural landmarks. Mostly vacant, with some renovations completed, it’s ready for a new owner’s vision. CD-3 zoning supports varied commercial uses with a density cap of 100 units/acre, FAR of 2.25, and a height allowance up to 75 feet. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc, Carlos Fausto Miranda, 786-748-7373.
Listing Snapshot
Days Online
597
Last Updated
Property Type
Mixed Use
Square Ft.
8,185
Lot Size
0.17 Acres
Year Built
1956
MLS Number
A11686110
30 Days Snapshot Of 33139
$925k
-23%
(avg) sold price
22
+214%
homes sold
167
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1956, Toal building area: 8185
Lot
0.17 acres
Property
Zoning: 6600
Taxes
Annual amount: $54,914
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