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 Mallfeaturing 200 retailers, restaurants, and art galleriesand 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.
MLS# | A11686110 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1956 |
Days On Site | 99 |
Listing Provided By | Fausto Commercial Realty Consultants Inc | Carlos Miranda |
SQ Feet | 8,185 |
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Story(s) | 2 |
Building(s) | 1 |
Zoning | 6600 |
Acreage | 7500.00 |
State | FL |
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County | Miami Dade |
City | Miami Beach |
Zip Code | 33139 |
Area | 32 |
Listing VS Median (in 33139) | |
Price: $5,000,000 low | high Med: $250,000 SqFt: 8,185 low | high Med: 550 $ / SqFt: $611 low | high Med: $457 On Site: 99 low | high Med: 22.000000 |