1685 Jefferson Ave Miami Beach, FL 33139
20-unit property near Lincoln Road Mall, suitable for varied uses.
Lot size:
0.17 AcresProperty Features for 1685 Jefferson Ave
General Information
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1956
Source:
Elliman
Listing Agent: Antonio Saladrigas
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
South Beach Multifamily Opportunity
This 20-unit property, constructed in 1956, offers potential for apartment, hotel, short-term rental, and food and beverage uses. The 8,185-square-foot building is situated on a 7,500-square-foot lot and contains 18 studios and 2 one-bedroom units. Located in South Beach, the property benefits from its high-intensity CD-3 Zoning District. Its position between Lincoln Road Mall, featuring 200 retailers, restaurants, and art galleries, and the Miami Beach Convention Center provides access to dining, shopping, and cultural landmarks. The property is mostly vacant and has undergone some renovations. The CD-3 zoning supports varied commercial uses with a density cap of 100 units/acre, a Floor Area Ratio (FAR) of 2.25, and a height allowance up to 75 feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.137371
- Latitude
- 25.791845
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 20-unit property near Lincoln Road Mall, suitable for varied uses.
Where is this apartment building located?
The property is located at 1685 Jefferson Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: - Unmatched location between Lincoln Road Mall and the Miami Beach Convention Center.; - Rare opportunity for varied uses (apartment, hotel, short-term rental, food & beverage) due to CD-3 zoning.; - High-density CD-3 zoning allows for significant development potential (100 units/acre, FAR 2.25, 75 ft height).