$1,250,000

775 81st St, Miami Beach FL 33141

Income/MultiFamily
Built in 1951
5,650 Square Feet lot
10 days on market

About this property

PRESENTING A SITE PLAN APPROVED INFILL DEVELOPMENT OPPORTUNITY WITH STREAMLINED PATH TO PERMIT & INTERIM INCOME IN DESIRABLE NORTH BEACH ENCLAVE. With Design Review Board (DRB) approval already secured and the project advancing toward construction permitting, this thoughtfully scaled residential project significantly reduces pre-development risk and provides a clear, efficient path toward ground-breaking. The approved plans contemplate a modern boutique building with rooftop amenities, private outdoor space, and a residential profile well-suited to the surrounding low-rise neighborhood fabric. Positioned amidst Miami Beach’s enduring demand for newer housing options and limited competing product for approved projects, the opportunity presents a compelling timing advantage with existing cash-flow that allows development on a deliberate & flexible market-driven schedule while more than covering carry costs..

Property Details

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 1607

Location

  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL
  • Zoning: 3900

Construction

  • New Construction: No

Public Info

  • Lot Size: 5,650 Square Feet
  • Year Built: 1951
  • APN: 02-32-02-008-1100

Tax Information

  • Annual Tax Amount: $7,070

Price History

2/6/2026 Listed for Sale
Source: Miami REALTORS®
$1,250,000
4/17/2025 Sold
Source: Miami REALTORS®
$865,000
$537/sqft

Walk Score

Walk Score
38
Walk Score®
Car-Dependent
Transit Score
45
Transit Score®
Some Transit
Full Walk Score
Bike Score
54
Bike Score®
Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.