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$ 3,850,000
Est. payment | /mo
7,064 SqFt
$ 3,850,000
Est. payment | /mo
7,064 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,064 sqft
Price per Sqft $545
MLS Listing ID A12039454
HOA Y/N No
Year Built 1921
Lot Size 3,600 Sqft
Property Sub-Type Mixed Use
Property Description
Compass Commercial is pleased to present an exclusive opportunity: a rare, standalone mixed-use building on Miami Beach's celebrated Fifth Street. Situated at the gateway to the prestigious South of Fifth neighborhood, this property offers CPS-2 zoning—permitting residential, office, hotel, restaurant and bar uses, making it exceptionally flexible for investors or owner-users seeking to capitalize on Miami Beach's high-demand commercial corridor.The building features a prominent first-floor retail bay ideal for restaurant, bar, boutique retail, or fitness/Wellness concepts with strong street visibility and pedestrian traffic. The second floor provides adaptable space for corporate suites, executive offices, private health studios, or short-term/vacation rental conversion, each option benefiting from the area's steady flow of tourists, local residents and business travelers.This historic property, long recognized as a cultural and culinary destination, offers a rare blank canvas for redevelopment, repositioning, or continued operations. For entrepreneurs and investors targeting an iconic Miami Beach location with broad permissible uses under CPS-2, this asset represents a strategic and timely acquisition.
Location
State FL
County Miami-dade
Area 42
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 02-42-03-009-4980
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12039454
Listed by Compass Florida, LLC
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