$890,000
1240 71st Street
Miami Beach, FL 33141
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $890,000
- Price per sq ft
- N/A
- Original price
- $950,000
- Days on market
- 140
This lot in Oceanside Sec Isle Of Nor is listed at $890,000. The asking price has come down 6.3% from its original $950,000. It has been on the market for 140 days.
Estimated monthly payment
$4,677 /mo
Principal and interest only, based on $178,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $890,000
- Days on Site
- 140 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.17 Acres
- Property Type
- Land
- MLS #
- A12021733
- Property Tax
- $16,510 (2025)
- Subdivision
- OCEANSIDE SEC ISLE OF NOR
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 0.17
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 4800
Exterior Features
- Lot Features
- Central Business District / Corner Lot / City Lot / Other
- View
- Beach
Community & HOA
- Utilities
- Other / Sewer Available / Underground Utilities / Water Available
- Financing Terms
- Cash / Conventional
- Restrictions
- City Restrictions
- MLS Area
- 2320
Schools
- Elementary School
- Treasure Island
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Oceanside Sec Isle Of Nor is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $12,000,000. Pure Equity lists homes in Oceanside Sec Isle Of Nor and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 0
- Median List Price
- $1,192,444
- Median $/Sq Ft
- $812
- Avg Days on Market
- 115
Frequently Asked Questions
- How do I schedule a tour of 1240 71st Street, Miami Beach, FL 33141?
- Use the Tour button on this listing to request a showing of 1240 71st Street, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1240 71st Street, Miami Beach, FL 33141 still available?
- 1240 71st Street, Miami Beach, FL 33141 is currently listed as Active, and has been on the market 140 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1240 71st Street, Miami Beach, FL 33141?
- With 20% down ($178,000) on the $890,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1240 71st Street, Miami Beach, FL 33141 is about $4,677/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1240 71st Street, Miami Beach, FL 33141?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1240 71st Street, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1240 71st Street, Miami Beach, FL 33141?
- 1240 71st Street, Miami Beach, FL 33141 is zoned for Treasure Island (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1240 71st Street, Miami Beach, FL 33141?
- Often, yes. The right offer on 1240 71st Street, Miami Beach, FL 33141 depends on how it's priced against comparable land sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$890,000
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Listed by Caroline Puren, Compass Florida, LLC
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Recent Sales
Recently sold homes in Oceanside Sec Isle Of Nor
These are the last 2 recorded closings in Oceanside Sec Isle Of Nor, with the price each home actually sold for rather than what it was listed at. They closed at a median of $633 per square foot. The most recent closed on November 20, 2025. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,175,000
Sold · November 20, 2025
1370 71st Street
3 bed · 2 bath · 1,884 sqft · $624/sqft
$74,000 under the asking price
Sold$1,050,000
Sold · October 31, 2025
1355 71st Street
3 bed · 2 bath · 1,659 sqft · $633/sqft
$65,000 under the asking price
See every recorded sale in Oceanside Sec Isle Of Nor or find out what your Oceanside Sec Isle Of Nor home is worth.
