About this home

Development Land / Multifamily Redevelopment Opportunity – RM-1 Zoning (Residential Multifamily, Low Intensity). Shovel-ready opportunity with fully approved City of Miami Beach plans included, allowing a buyer to significantly reduce the typical zoning, design, and permitting timeline and move toward construction quickly. Approved plans feature six (6) oversized 3-bedroom, 2-bathroom residences of approximately 1,310 SF each, offering a larger-format residential product in the South Beach market. The property currently includes existing multifamily structures, providing the potential for holding income while the buyer finalizes construction and development plans. Proposed amenities include secure gated parking, private lobby entry, expansive wraparound terraces, and an exclusive rooftop pool and amenity deck. Excellent opportunity for a developer or investor seeking an approved multifamily redevelopment project in Miami Beach. Approved plans and additional development documents are available in the MLS attachments.

How This Listing Compares in Miami Beach

Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.

Home Features at this home

Pool Private

No

Direction Faces

South

The Building at this home

Building Name

ALTON BEACH BAY FRONT RE-

Building Area Units

Square Feet

Association

No

Lot, Views & Construction at this home

Lot Features

Less Than 1/4 Acre Lot, Curb, Fenced, Sidewalk, Street Lights

Lot Size Square Feet

7,500

Waterfront

No

View

No

New Construction

No

Taxes & Public Record for this home

Parcel Number

02-32-33-016-0050

Tax Annual Amount

$31,022

Tax Year

2,025

Tax Legal Description

ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1

Zoning

3900

County Or Parish

Miami-Dade County

Map & Neighborhood