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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1685 JEFFERSON AVE, MIAMI BEACH, FL 33139

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Multi Family - for Sale

1685 JEFFERSON AVE, MIAMI BEACH, FL 33139

Asking Price$5,000,000

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  • Days on market:

    92 day(s)

  • Original Price:

    $5,000,000

  • Tax Legal Description:

    GOLF COURSE SUB AMD PL PB 6-26 LOT 10 BLK 36 LOT SIZE 50.000 X 150 73R-204233 COC 24198-4019 01 2006 1

  • Property Type:

    Multi Family

  • Special Listing Conditions:

    Sale

Description

$5,000,000

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.

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