Residential in Miami Beach for sale with MLS# A11708509

This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. The property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until June 30, 2026

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Days on the market

The street address for this listing (MLS-A11708509) is private

Price
Price:
$2,599,000.00
Previous Asking Price:
$2,615,000.00
Original List Price:
$2,799,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Residential
MLS Number:
A11708509
Description of Last Important Update:
Price Change
Last Major Update on:
December 2, 2025 3:59 pm
Measures
Lot Area:
5,000 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
5000
Number of Lots:
1
Property Features
Waterfront:
No
Building:
Other
Property Entrance Faces:
South
Taxes and Expenses
Tax Annual Amount:
$20,752.00
Tax Year:
2024
Parking
Covered Spaces:
0
Community
Subdivision Name:
ALTON BEACH BAY FRONT RE-
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow, Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 10 BLK 79 B LOT SIZE 50.000 X 100 OR 15822-0945 0293 1
Real Estate Folio Number (Parcel Number):
02-32-33-016-0400
Zoning Description:
3900
Listing History
Originally published on:
December 13, 2024 12:49 pm
Active on the market since:
December 12, 2024
Price change occurred on:
December 2, 2025 3:59 pm
Listing Status Last Changed On:
December 13, 2024 12:49 pm
Photos updated on:
March 13, 2025 1:56 pm
Last Modified:
March 11, 2026 7:43 pm
Additional Information
Flood Zone:
AE
Municipal Code:
2
Subdivision Number:
16
Courtesy of:
C W V Realty Group LLC
Attribution:
Not provided

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.