RO Zoned Development
For Sale
$950,000
1240 71st St, Miami Beach, FL 33141
Land, Miami Beach, FL
Property Size5,300 SF
Lot Size0.16 Acres
Price / SF$179.25
Days on Market108
Property Features for 1240 71st St
General Information
Property type
Land
Property subtype
Other
Zoning description
4800
Subdivision
OCEANSIDE SEC ISLE OF NOR
Standard status
Active
APN
02-32-10-013-1570
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax 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
Tax Annual Amount
16510
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
Utilities
Water source
Public
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Caroline Puren · License #3405918
(305) 458-8840
Added: May 27
Changed: Sep 2
Last Checked: Sep 11 at 2:06PM
MLS# A12025206
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 is a for-sale development lot in Miami Beach that supports residential office (RO) uses, including single-family, multi-family, and mixed-use configurations. The zoning provides a maximum FAR of 0.75, translating to approximately 5,315 square feet permitted, and a height limit of 33 feet from DFE. The site size is 0.1627 acres, providing room for a new custom build within the established development constraints.
The property is described as being within walking distance to the beach, in a rapidly evolving and expanding neighborhood. Buyers should note the restrictions and build envelope defined by the RO zoning, including the FAR cap and the maximum height from DFE, which will shape design, massing, and overall program.
For owner-users and developers, the RO zoning can accommodate a range of residential and office-related options, including the ability to plan around a multi-story design within the permitted height and FAR parameters. If you are looking to develop a custom residence and have flexibility for multi-family or a family office component, this lot’s stated entitlement framework is a key starting point for feasibility and planning.
The property is described as being within walking distance to the beach, in a rapidly evolving and expanding neighborhood. Buyers should note the restrictions and build envelope defined by the RO zoning, including the FAR cap and the maximum height from DFE, which will shape design, massing, and overall program.
For owner-users and developers, the RO zoning can accommodate a range of residential and office-related options, including the ability to plan around a multi-story design within the permitted height and FAR parameters. If you are looking to develop a custom residence and have flexibility for multi-family or a family office component, this lot’s stated entitlement framework is a key starting point for feasibility and planning.
Key Highlights
- Zoned RO (Residential Office) allowing single‑family, multi‑family, and mixed use.
- Maximum FAR 0.75 permits up to about 5,315 SF.
- Height limit of 33 feet from DFE.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,757
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential office–zoned lot with FAR 0.75 and 33-foot height limit for flexible small-scale development.
Where is this residential land & home lot located?
The property is located at 1240 71st St Miami Beach, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Zoned RO (Residential Office) allowing single‑family, multi‑family, and mixed use.; Maximum FAR 0.75 permits up to about 5,315 SF.; Height limit of 33 feet from DFE.
