Commercial Real Estate Property For Sale In Miami Beach

1685 Jefferson Ave Miami Beach, FL 33139
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$5,000,000

  • 1956 Year Built
  • Oct 31, 2024 Listing Date

MLS #

:

A11686110

Price

:

$5,000,000

Status

:

Listing Date

:

Oct 31, 2024

Square Footage

:

Not Available

County

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Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1956

Taxes

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$54,914 Per Year

Waterfront

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No

Virtual Tour

:

click here to view virtual tour

 

Remarks

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This versatile 20-unit property presents a rare opportunity for apartment, hotel, short-term rental, and food and beverage uses in South Beach’s high-intensity CD-3 Zoning District. Built in 1956, the 8,185-square-foot building includes 18 studios and 2 one-bedroom units on a 7,500-square-foot lot. Positioned between Lincoln Road Mall—featuring 200 retailers, restaurants, and art galleries—and the Miami Beach Convention Center, this site provides unmatched access to dining, shopping, and cultural landmarks. Mostly vacant, with some renovations completed, it’s ready for a new owner’s vision. CD-3 zoning supports varied commercial uses with a density cap of 100 units/acre, FAR of 2.25, and a height allowance up to 75 feet.

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