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Specialty Redevelopment Opportunity
For Sale
$3,900,000

233 1st St, Miami Beach, FL 33139

As-is specialty property offers redevelopment potential under C-PS1 zoning.

Property Size2,860 SF
Days on Market153

Property Features for 233 1st St

General Information

Standard status Active
Size 2,860 SF
Property subtype Mixed Use
Zoning C-PS1

Building Details

Building Size 2,860 SF
Year Built 1924
Listing Agency: PGutman, LLC
Listed By: Viktoria Eldridge · License #3266665
Source: Relinkre
Added: May 22 Changed: Oct 16 Last Checked: Oct 19 at 2:37PM

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 PGutman, LLC

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Investment Insights

Based on property information with market context.

The property is being sold as-is and the existing structure requires complete renovation and/or redevelopment. It is positioned for buyers seeking a specialty redevelopment site with zoning identified as C-PS1.

The offering is located at 233 1st St in Miami Beach, described as being in the South of Fifth area, with proximity to the beach, South Pointe Park, marinas, restaurants, and nearby luxury developments.

Interested parties should plan for full renovation or redevelopment given the property condition and as-is sale terms.

Key Highlights

  • 1924‑built property at 233 1st Street in Miami Beach’s South of Fifth
  • C‑PS1 zoning—redevelopment permitted based on provided zoning classification
  • Existing structure requires complete renovation and is sold as‑is

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Daycare Center Furniture & Home Goods Kitchen & Bath Showroom Butcher Plumbing Service (Bike/Boat/Book/etc) 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

167
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
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Frequently Asked Questions

What type of property is this?
Specialty property - As-is specialty property offers redevelopment potential under C-PS1 zoning.
Where is this specialty property located?
The property is located at 233 1st St Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1924‑built property at 233 1st Street in Miami Beach’s South of Fifth; C‑PS1 zoning—redevelopment permitted based on provided zoning classification; Existing structure requires complete renovation and is sold as‑is
More about this property
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