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1240 71st St, Miami Beach FL 33141

Commercial For Sale
$950,000

BTC: 14.84375000

ETH: 533.70786517

13 days
0 room(s)

Overview

Incredible opportunity to build a 3-story, 5,300 SF custom residence, multi family or family office with a rooftop terrace overlooking downtown Miami. Ideally located within walking distance to the beach, in a rapidly evolving and expanding neighborhood. A rare chance to create the ultimate modern Beach Loft in one of Miami's most promising enclaves. Zoned RO (Residential Office) allowing single-family, multi-family and mixed use, with a maximum FAR of 0.75 (~5,315 SF permitted) and height of 33 feet from DFE.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$950,000
$620K – $27.8M
Confidence Low
List vs. estimate
At estimate
List $950,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $649K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,510
2025
All facts and features
  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 02-32-10-013-1570

    • Zoning: 4800

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Sewer Connected

    • Underground Utilities

    • Water Connected

    • Other

  • Other financial information

    • Annual tax amount: $16,510

  • Source details

    • MLS ID: A12021733

    Other facts

    • Lot Features: Beach Area / Central Business District / City Location / Corner Location / Dirt / Less Than 1 Acre / Other Lot Description

    • Water Source: Municipal Water

    • Lot Size Dimensions: 150x50

    • Subdivision Name: OCEANSIDE SEC ISLE OF NOR

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC