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775 81ST Street, Miami Beach FL 33141

House For Sale
$1,290,000

BTC: 20.07782101

ETH: 678.00529790

19 days
3 bds
2 ba
1,545 sqft

Overview

Exceptional development opportunity in the heart of Miami Beach's rapidly evolving North Beach neighborhood. This 5,625 SF RM-1 zoned site is offered with Design Review Board (DRB) approved plans for a modern 4-story, 7-unit boutique residential building, significantly reducing development risk and expediting the path toward permitting. The approved project includes a desirable mix of one- and two-bedroom residences with private balconies, rooftop pool and lounge, ground-floor parking, and contemporary architecture designed for today's market. The property also features a fully renovated 3-bedroom, 2-bath single-family home with a new roof and impact windows, providing immediate rental income while final permits are obtained. Located just blocks from the beach, Collins Avenue, parks, shopp

Location

Details

Type:
Residential
Parking:
1 Space / Driveway / Parking Garage
Year Built:
1951
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$835
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,150,000
$744K – $1.6M
Confidence Low
List vs. estimate
$140K above estimate
List $1,290,000 · +12.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$834
-20.8% vs. city median $1,054
Based on
37 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $370K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,000
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Other

    • Family Room

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Exterior Features: None

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 02-32-02-008-1100

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • Annual tax amount: $7,000

  • Source details

    • MLS ID: B26051713

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: In Garage

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: One Story

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1545

    • Water Source: Public

    • Subdivision Name: BISCAYNE BCH SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Providian Properties, Inc