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SoFi Double Lot Opportunity
For Sale
$4,200,000

918 4th Street, Miami Beach, FL 33139

Double lot in South Beach's SoFi neighborhood, ready for development.

Property SizeContact for details
Days on Market280

Property Features for 918 4th Street

General Information

Standard status Active
Property subtype Land
Zoning 3001

Taxes and HOA fees

Annual Taxes $21,363
Listing Agency: B & B Real Estate Broker Inc
Listed By: Blanca F Beaumont
Source: Laerrealty
Added: Nov 28, 2025 Changed: Sep 3 Last Checked: Sep 4 at 2:43AM

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 B & B Real Estate Broker Inc

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a double lot with alley access in the desirable SoFi (South of Fifth) neighborhood of South Beach. The vacant double lot offers 6,996 square feet of total area. The zoning is RPS-1 with non-historic encumbrances. It is suitable for developing a house, a condo building up to 4 floors, or a boutique hotel with limited commercial use. The lot is within walking distance of numerous restaurants, bars, and hotels, including Joe's Stone Crab and Nikki Beach.

Key Highlights

  • Rare double lot in the desirable SoFi neighborhood of South Beach.
  • Development opportunity: build a house, condo building (up to 4 floors), or boutique hotel.
  • Zoning RPS‑1 allows for limited commercial use.

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

8,611
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Double lot in South Beach's SoFi neighborhood, ready for development.
Where is this commercial land located?
The property is located at 918 4th Street Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Rare double lot in the desirable SoFi neighborhood of South Beach.; Development opportunity: build a house, condo building (up to 4 floors), or boutique hotel.; Zoning RPS‑1 allows for limited commercial use.
More about this property
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