Development Land / Multifamily Redevelopment Opportunity – RM-1 Zoning (Residential Multifamily, Low Intensity).Shovel-ready opportunity with fully approved City of Miami Beach plans included, allowing a buyer to significantly reduce the typical zoning, design, and permitting timeline and move toward construction quickly.Approved plans feature six (6) oversized 3-bedroom, 2-bathroom residences of approximately 1,310 SF each, offering a larger-format residential product in the South Beach market.The property currently includes existing multifamily structures, providing the potential for holding income while the buyer finalizes construction and development plans. Proposed amenities include secure gated parking, private lobby entry, expansive wraparound terraces, and an exclusive rooftop pool and amenity deck.Excellent opportunity for a developer or investor seeking an approved multifamily redevelopment project in Miami Beach. Approved plans and additional development documents are available in the MLS attachments. For additional information, development plans, and supporting documents, please contact Deni Alvarez.
Listing Provided Courtesy of Luxe Properties at 305-809-7650
Property Details
Price:
$2,399,900
MLS #:
A12099063
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
ALTON BEACH BAY FRONT RE-
Listed Date:
Oct 6, 2026
Lot Size:
7,500 sqft / 0.17 acres (approx)
See this Listing
Schools
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Interior
Exterior
Direction Faces
South
Fencing
Fenced
Lot Features
Sidewalks, Curbs, Street Lights
Other Structures
Other
Financial
Tax Year
2025
Taxes
$31,022
Map
Community
- Address Miami Beach FL
- SubdivisionALTON BEACH BAY FRONT RE-
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Land in Miami Beach as of Oct 29, 2026
31
Land Listed
58
Avg DOM
$6,183,868
Avg List Price
Property Summary
- Located in the ALTON BEACH BAY FRONT RE- subdivision, Miami Beach FL is a Land for sale in Miami Beach, FL, 33139. It is listed for $2,399,900 and features 0 acres.
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