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1685 Jefferson Ave Miami Beach FL 33139 MLS #A11686110

1685 Jefferson Ave
Miami Beach, FL, 33139
$5,000,000
Beds
0 Bathrooms
8,185 SqFt
0 Acres
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$5,000,000
1685 Jefferson Ave
Miami Beach, FL, 33139
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Project Description

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.

Property Details

Price:
$5,000,000
MLS #:
A11686110
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Listed Date:
Oct 31, 2024
Finished Sq Ft:
8,185
Total Sq Ft:
8,185
Year Built:
1956
Apartments,hotel/motelMixed Use

Schools

Interior

Exterior

Financial

Taxes
$54,914

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
1685 Jefferson Ave
Miami Beach, FL