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Vacant Development Lot with Alley Access
For Sale
Contact for pricing
Pending

1020 Pennsylvania Ave, Miami Beach, FL 33139

Vacant lot offering 50' street frontage and rear alley ingress/egress, with architectural drawings and surveys available.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market122

Property Features for 1020 Pennsylvania Ave

General Information

Standard status Pending
Lot size 0.16 Acres
Property subtype Special Purpose

Additional Details

Road Access Yes
Listing Agency: Beach City Realty
Listed By: Michael Benmeleh · License #3123199
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 4:08AM

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 Beach City Realty

Investment Insights

Based on property information with market context.

This is a vacant development lot with 50 feet of frontage along Pennsylvania Ave and an additional 50 feet of frontage along a back alley that allows ingress and egress for residents. The site area is listed as 7,000 land SF, with a floor ratio (FLR) of 1.25 yielding 8,750 buildable square feet (BSF), which could accommodate up to 15 units. Architectural drawings and surveys are available upon request.

Public remarks note strict local regulations related to demolition of older structures in the area, which has limited the availability of vacant lots. The remarks also state that parking regulations were eliminated in 2017, increasing sellable building area for a developer.

The property is described as being about two blocks from Collins and about three blocks from Ocean Drive and the beach.

Key Highlights

  • 7,000 SF vacant lot with FLR of 1.25 for 8,750 BSF buildable area
  • Fronts Pennsylvania Ave with 50 ft frontage, plus 50 ft frontage along the back alley for resident ingress/egress
  • Potential for up to 15 units based on the 8,750 BSF buildable area

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Nursing Home Adult Day Care

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7,097
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot offering 50' street frontage and rear alley ingress/egress, with architectural drawings and surveys available.
Where is this residential land & home lot located?
The property is located at 1020 Pennsylvania Ave Miami Beach, FL.
What are key features of this property?
This property features: 7,000 SF vacant lot with FLR of 1.25 for 8,750 BSF buildable area; Fronts Pennsylvania Ave with 50 ft frontage, plus 50 ft frontage along the back alley for resident ingress/egress; Potential for up to 15 units based on the 8,750 BSF buildable area
More about this property
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