1240 71st Street, Miami Beach, FL 33141 (MLS# A12025206)

1240 71st Street, Miami Beach, FL 33141

$890,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12025206

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

Current Price: $890,000 List Date: 5/27/2026 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# A12025206

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.17
Lot Size Square Feet: 7087
Lot Size Dimensions: 7300
Direction Faces: North
LP/SqFt: 125.58

Property Features

Current Use: Residential; Single Family; Unimproved; Other Development Status: Raw Land Location of Property: City Location; Corner Unit Other Structures: Other Possession: Other Soil Type: Dirt Trees: Other Utilities: Sewer Available; Water Available; Underground Utilities; Other Listing Terms: Cash; Conventional Lot Features: Other Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

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

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: 2026-10-05T13:01:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-05T13:01:52Z
Status Change Date: 2026-05-27

More Information

Price Calculations

Current Price To SqFt: 122.34

Section Details

Parcel Number MLX: 1570

Originating Details

Originating System Key: 495595709
Originating System ID: M00000151

Listing Office: Compass Florida, LLC

Last Updated: October - 05 - 2026

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