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Multi Family - for Sale

819 5TH ST, MIAMI BEACH, FL 33139

Asking Price$3,900,000 Change Price$1,000,000

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  • Days on market:

    128 day(s)
  • Original Price:

    $4,900,000
  • Tax Legal Description:

    OCEAN BEACH ADDN NO 3 PB 2-81 W40FT OF LOTS 7 & 8 BLK 74 LOT SIZE 40.000 X 90 OR 15800-0907 0293 1
  • Property Type:

    Multi Family
  • Inclusions:

    Building & Land
  • Construction Type:

    Concrete Block Construction
  • Cooling Description:

    Central Building A/C
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Location In A Flood Zone

Description

$3,900,000

Compass commercial & vanguard international are pleased to exclusively represent for sale a rare standalone building on miami beach’s iconic fifth street. featuring favorable cps-2 zoning, allowing residential, office, hotel, + restaurant and bar uses, the property is poised for a savvy investor or end user alike. the 1st floor retail space is equally suited for restaurant, retail or fitness uses, while the 2nd floor offers options for corporate suites, vacation rentals, or private health related studios. adjacent to the upscale south of fifth as neighborhood, this historic property once home to the tap tap cultural, social, & dining hub for over 20 yrs. few blocks away from the beach as well as class a offices, joe’s stone crabs, marina, and numerous fine and casual dining options.

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