8,185 sqft

$4,226,000

1685 Jefferson Ave, Miami Beach FL, 33139

Price per sqft$516.31

Built in1956

Property size8,185 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Oct 31, 2024

Updated 5 days ago

This versatile 20-unit property presents a rare opportunity for apartment, hotel, short-term rental, and food and beverage uses in South Beach’s high-intensity CD-3 Zoning District. Built in 1956, the 8,185-square-foot building includes 18 studios and 2 one-bedroom units on a 7,500-square-foot lot. Positioned between Lincoln Road Mall—featuring 200 retailers, restaurants, and art galleries—and the Miami Beach Convention Center, this site provides unmatched access to dining, shopping, and cultural landmarks. Mostly vacant, with some renovations completed, it’s ready for a new owner’s vision. CD-3 zoning supports varied commercial uses with a density cap of 100 units/acre, FAR of 2.25, and a height allowance up to 75 feet.

Additional information

MLS^® ID: A11686110

Interior Features

Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $54,914
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 12:06 AM UTC, 10/13/2026.

Listed by: Fausto Commercial Realty Consultants Inc, 786-748-7373