Home/Search/1240 71st St, Miami Beach FL 33141
1240 71st St, Miami Beach FL 331411 / 11
For Sale

$950,000

1240 71st St, Miami Beach FL 33141

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About This Property

Incredible opportunity to build a 3-story, 5,300 SF custom residence, multi family or family office with a rooftop terrace overlooking downtown Miami. Ideally located within walking distance to the beach, in a rapidly evolving and expanding neighborhood. A rare chance to create the ultimate modern Beach Loft in one of Miami's most promising enclaves. Zoned RO (Residential Office) allowing single-family, multi-family and mixed use, with a maximum FAR of 0.75 (~5,315 SF permitted) and height of 33 feet from DFE.

Property Details

MLS #:A12021733
Price:$950,000
Status:For Sale
Days on Market:16
Date Listed:May 21, 2026
Lot Size:7087 sqft
Lot Acres:0.167 acres
Property Type:Commercial Land

Virtual Tour:Available

Lot Features:Beach Area, Central Business District, City Location, Corner Location, Dirt, Less Than 1 Acre, Other Lot Description
Lot Size:7087 sqft
Sewer:Public Sanitation
Water Source:Municipal Water
Utilities:Sewer Connected, Underground Utilities, Water Connected, Other

Area/Region:Oceanside Sec Isle Of Nor
Zoning:4800

Annual Tax Amount:$16,510
Tax Year:2025
Listing Terms:All Cash, Conventional
Possession:Other
Parcel Number:02-32-10-013-1570
Legal Description:2-3 10-11-53 42 PB 25-60 OCEAN SIDE SEC ISLE OF NORMANDY LOT 1 BLK 11 LOT SIZE 56.700 X 125

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Estimated monthly payment (PITI) based on this property's data. Adjust values to explore scenarios.

$950,000
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Estimated Monthly Payment

$6,971/mo

Principal & Interest$4,804
Property Tax$1,376
Insurance$792
Loan Amount$760,000
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REsource

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Listing courtesy of Compass Florida, LLC. Data last updated May 27, 2026 at 01:46 PM.