1240 71st Street, Miami Beach, FL 33141 (MLS# A12021733)

1240 71st Street, Miami Beach, FL 33141

$890,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12021733

Property Type: Land & Docks Lot Size (sq. ft.): 7,087 Status: Active

Current Price: $890,000 List Date: 5/21/2026 Last Modified: 10/05/2026

Overview

Description

Incredible opportunity to build a 3-story, 5,300 SF custom residence, multi family or family office with a rooftop terrace overlooking downtown Miami. Ideally located within walking distance to the beach, in a rapidly evolving and expanding neighborhood. A rare chance to create the ultimate modern Beach Loft in one of Miami's most promising enclaves. Zoned RO (Residential Office) allowing single-family, multi-family and mixed use, with a maximum FAR of 0.75 (~5,315 SF permitted) and height of 33 feet from DFE.

Listing Details MLS# A12021733

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.17
Lot Size Square Feet: 7087
Lot Size Dimensions: 7300
Lot Depth: 50
Lot Frontage: 150
LP/SqFt: 125.58

Property Features

Comprehensive Plan Use: Central Urban; Open Land; Professional Current Use: Multi-Family; Single Family; Unimproved; Other Environmental Audit: None Location of Property: Central Business District; City Location; Corner Unit Possession: Other Possible Use: Commercial Sewer: Public Sewer Soil Type: Dirt Special Information: City Jurisdiction Utilities: Sewer Available; Water Available; Underground Utilities; Other Listing Terms: Cash; Conventional Lot Features: Other Road Frontage Type: Main Thoroughfare Road Responsibility: Public Maintained Road Water Source: Public Water View: Beach Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 950000
LP/Acre: 5329341.32
LP/Frontage: 5933.33

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1240
Street Name: 71st
Street Suffix: Street
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 3648
Postal Zip: 33141
Subdivision Name: OCEANSIDE SEC ISLE OF NOR
Area: 2320
Elementary School: Treasure Island
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232100131570
Subdivision Number: 13
Zoning: 4800
Flood Zone: AE

Financial Information

Tax Year: 2025
Tax Annual Amount: 16510
Tax Legal Description: 2-3 10-11-53 42 PB 25-60 OCEAN SIDE SEC ISLE OF NORMANDY LOT 1 BLK 11 LOT SIZE 56.700 X 125

Status Change Information

Major Change Timestamp: 2026-10-05T13:01:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-05T13:01:22Z
Status Change Date: 2026-05-21

More Information

Price Calculations

Current Price To SqFt: 122.34

Section Details

Parcel Number MLX: 1570

Originating Details

Originating System Key: 483447440
Originating System ID: M00000151

Listing Office: Compass Florida, LLC

Last Updated: October - 05 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.