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Waterfront Development Land
For Sale
$8,200,000

10 S Shore Drive, Miami Beach, FL 33141

Waterfront site with an under-construction multifamily project and planned residential units with parking.

Property SizeContact for details
Days on Market174

Property Features for 10 S Shore Drive

General Information

Standard status Active
Property subtype Unimproved Land

Taxes and HOA fees

Annual Taxes $2,273,577
Listing Agency: EXP Realty LLC
Listed By: Javier Sarabia · License #3375473
Source: Silverleafrealtygroup
Added: Apr 6 Changed: Sep 25 Last Checked: Sep 24 at 3:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Investment Insights

Based on property information with market context.

This 10,200-square-foot waterfront parcel encompasses an under-construction five-story multifamily project. Architectural plans call for 6 residential units, approximately 17,435 square feet of total building area, and 12 parking spaces. Planned residences range from 1,165 to 1,742 square feet, with many oriented toward direct Intracoastal canal views.

The property provides waterfront access with capacity for up to 4 boats measuring up to 40 feet each. It is zoned RM-1 (Multifamily Residential) and is located at 10 S Shore Drive in Miami Beach. Public records currently classify the property as vacant land, while the existing structure remains under construction. Building area, unit layout, zoning, permits, and development details are based on architectural plans and require independent verification. The property is offered as-is.

Key Highlights

  • 10,200 SF waterfront lot on 0.23 acres
  • Under‑construction five‑story multifamily project
  • Plans include 6 residential units and approximately 17,435 SF of building area

Property Analytics

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Current Use

Waterfront Land

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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Waterfront Land - Waterfront site with an under-construction multifamily project and planned residential units with parking.
Where is this waterfront land located?
The property is located at 10 S Shore Drive 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: 10,200 SF waterfront lot on 0.23 acres; Under‑construction five‑story multifamily project; Plans include 6 residential units and approximately 17,435 SF of building area
More about this property
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