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RO Zoned Development Lot
For Sale
$950,000

1240 71st St, Miami Beach, FL 33141

Land, Miami Beach, FL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market102

Property Features for 1240 71st St

General Information

Property type Land
Property subtype Other
Zoning description 4800
Subdivision OCEANSIDE SEC ISLE OF NOR
Lot features <1 Acre
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

Sewer type Public Sewer
Water source Public
Listing Agency: Compass Florida, LLC
Listed By: Caroline Puren · License #3405918
Added: May 27 Changed: Sep 2 Last Checked: Sep 5 at 11:06AM
MLS# A12021733

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 with zoning designated RO (Residential Office). The site offers an opportunity to pursue a tailored concept such as a custom three-story residence with a rooftop terrace, subject to zoning parameters. Per the listing, the maximum FAR is 0.75 (approximately 5,315 square feet permitted), and the height limit is 33 feet from DFE.

The property is located at 1240 71st St, Miami Beach, FL 33141. The remarks note the location is within walking distance to the beach, and the area is described as actively evolving.

With RO zoning, the lot is positioned for a variety of residential-oriented end uses, including single-family and multi-family configurations, as well as mixed-use applications, as allowed by the zoning framework. For buyers or development-minded tenants evaluating a small site for a ground-up build, the provided FAR and height parameters help frame what can be designed on-site. Prospective buyers should confirm final feasibility for their specific program with the applicable approvals and permitting requirements.

Key Highlights

  • Water and sewer: public water and public sewer.
  • Zoned RO (Residential Office) for single‑family, multi‑family, and mixed use.
  • Maximum FAR 0.75 (~5,315 SF permitted) for new construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

1,757
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential Office (RO) zoned lot with FAR and height limits supporting single-family, multi-family, or mixed-use plans.
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: Water and sewer: public water and public sewer.; Zoned RO (Residential Office) for single‑family, multi‑family, and mixed use.; Maximum FAR 0.75 (~5,315 SF permitted) for new construction.
More about this property
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