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803 5th Street, Miami Beach, FL

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803 5th Street

Miami Beach, FL 33139 - Miami Beach Submarket

Property Type:Land Parcel Size:.21 Acres
For Sale Price:$6,975,000 Price/Acre:$33,760,891 Price/SF:$775.00

Proposed Use:Retail, Office

On-Site Improv:Finished lot

Sale Notes:
Metro 1 Commercial is proud to exclusively represent the sale of this Miami Beach Gateway Property, 10,000 square feet of vacant land located at the ENTRANCE TO SOUTH BEACH. With over 42,000 vehicles passing each day, this corner location at 5th and Meridian is ideal for mixed-use development consisting of commercial, residential, and/or hotel uses. The CPS-2 zoning allows an FAR of 2.0 and a height of 50' . A development of 20,000 square feet can be achieved on this site---the only vacant land currently available on 5th Street. Build a 50 room hotel or a 20 unit condo or office building with ground floor retail, or a bank or showroom.
This property is located at The Gateway of South Beach and is only steps away from Ocean Drive.

The property is around the corner from 5th and Alton shops, the Collins Ave shopping district, and the exclusive South of Fifth neighborhood.

Metro 1 Commercial
Peter Andolina
(305) 571-9991

Martin Bravo
(305) 571-9991

Tony Cho
(305) 571-9991

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