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$1,950,000
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
$10,248 /mo
Principal and interest only, based on $390,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimatePrime Corner Development Opportunity in the Heart of Miami Beach’s West Avenue Corridor. Located on a prominent corner lot, this non-historic 4-plex offers exceptional redevelopment potential in a highly sought-after area. Zoned RM-1, the property is eligible for a max building height of 50ft.The allowable height may increase to 55ft if the ground level is used for non-habitable parking or amenities--permitting the development of a 5-story condominium or the addition of 3 stories to the existing structure. Currently configured as a multifamily propertyw/4 spacious 2-bed/1-bath units, the building features impact windows & 4 dedicated parking spaces. Ideal for investors, developers,or end-users looking to capitalize on the growing demand in one of Miami Beach’s most vibrant neighborhoods.
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Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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 July 1, 2026.
$1,950,000
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Listed by Colleen S Holloway, One Sotheby's International Realty
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