Unimproved Land in Miami Beach for sale with MLS# A12099063

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.

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The street address for this listing (MLS-A12099063) is private

Price
Price:
$2,399,900.00
Original List Price:
$2,399,900.00
List Price per Sq Ft (Calculated, Approx.):
$319.75
List Price per Sq Ft (Calculated, Approx.):
$319.99
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
October 1, 2026 4:00 am
Measures
Lot Size Dimensions and Info:
7500
Lot Features:
Street Lights, Sidewalks, Curbs
Lot Size Acres:
0.1723
Number of Lots:
1
Property Features
Waterfront:
No
Other Structures:
Other
Current Use:
Other, Residential, Check Land Use Plan
Fence:
Fenced
Property Entrance Faces:
South
Construction
Possible Use:
Residential
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$31,022.00
Tax Year:
2025
Community
Subdivision Name:
ALTON BEACH BAY FRONT RE-
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Owner Will Carry Points
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1
Zoning:
3900
Public Schools Assigned
Elementary School:
South Olive
High School:
Miami Beach
Listing History
Active on the market since:
October 1, 2026
Listing Agreement executed on:
October 1, 2026
Listing Status Last Changed On:
October 1, 2026 4:00 am
Photos updated on:
October 5, 2026 10:42 pm
Last Modified:
October 6, 2026 4:06 am
Additional Information
Courtesy of:
Luxe Properties
Attribution:
Not provided

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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
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Association of REALTORS®
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