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Waterfront Multifamily Development Land
For Sale
$8,200,000

10 S Shore Dr, Miami Beach, FL 33141

LAND - Miami Beach, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market128

Property Features for 10 S Shore Dr

General Information

Property type Land
Property subtype Other
Subdivision Normandy Golf Course Sub
Standard status Active
APN 02-32-03-007-1300
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NORMANDY GOLF COURSE SUB PB 44-62 LOT 22 BLK 55 LOT SIZE 60.000 X 170 OR 20641-0113 09 2002 1
Tax Annual Amount 2273577
Legal Description NORMANDY GOLF COURSE SUB PB 44-62 LOT 22 BLK 55 LOT SIZE 60.000 X 170 OR 20641-0113 09 2002 1
Listing Agency: EXP Realty LLC
Listed By: Javier Sarabia · License #3375473
Added: Apr 7 Changed: Jun 30 Last Checked: Aug 12 at 1:06PM
MLS# A11995405

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a vacant waterfront land parcel of approximately 0.23 acres, currently under construction with an existing structure. Architectural plans call for a five-story multifamily development with a projected total building area of approximately 17,435 SF. The proposed program includes 6 residential units and 12 parking spaces, with unit sizes ranging from approximately 1,165 to 1,742 SF. The plans also contemplate waterfront access with capacity for up to 4 boats, sized up to 40 feet each, and many of the proposed residences are shown with Intracoastal canal views.

The property is located at 10 S Shore Dr in Miami Beach, Florida, in Miami-Dade County. Public records classify the property as vacant land, while the existing structure is currently under construction. The land is proposed as a multifamily residential site and is identified with RM-1 zoning (Multifamily Residential). All development details provided are based on architectural plans and are subject to verification.

For developers and investors seeking a waterfront multifamily conversion or new build opportunity, the site presents an established entitlement framework under RM-1 and an active construction phase. Because zoning, permits, and development potential must be independently verified by the buyer, prospective purchasers should confirm current plan approvals, allowable uses, and conditions prior to closing. The property is offered as-is, with buyer responsibility for due diligence.

Key Highlights

  • 10 South Shore Dr: 10,200 SF lot (0.23 acres) on Miami Beach with waterfront access to the Intracoastal canal.
  • Under‑construction five‑story multifamily project with projected total building area of approx. 17,435 SF.
  • Plans call for 6 residential units ranging from 1,165 to 1,742 SF, plus 12 parking spaces.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store Food Market (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,355
Businesses Nearby

Demographics for 33141, FL

35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Waterfront lot in Miami Beach with plans for a five-story multifamily project under construction.
Where is this apartment building located?
The property is located at 10 S Shore Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 10 South Shore Dr: 10,200 SF lot (0.23 acres) on Miami Beach with waterfront access to the Intracoastal canal.; Under‑construction five‑story multifamily project with projected total building area of approx. 17,435 SF.; Plans call for 6 residential units ranging from 1,165 to 1,742 SF, plus 12 parking spaces.
More about this property
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