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  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1545 Sq Ft
  • Area Size
Active Residential
775 81ST Street, Miami Beach FL 33141 | Miami-Dade County | B26051713
  • $1,290,000

Description

Exceptional development opportunity in the heart of Miami Beach’s rapidly evolving North Beach neighborhood. This 5,625 SF RM-1 zoned site is offered with Design Review Board (DRB) approved plans for a modern 4-story, 7-unit boutique residential building, significantly reducing development risk and expediting the path toward permitting. The approved project includes a desirable mix of one- and two-bedroom residences with private balconies, rooftop pool and lounge, ground-floor parking, and contemporary architecture designed for today’s market. The property also features a fully renovated 3-bedroom, 2-bath single-family home with a new roof and impact windows, providing immediate rental income while final permits are obtained. Located just blocks from the beach, Collins Avenue, parks, shopp

Property Overview

This single-family home in the Biscayne Bay Subdivision of Miami Beach offers 3 bedrooms and 2 full bathrooms across 1,545 square feet of living space. Built in 1951, the home includes a new roof and impact windows, and it sits on a 5,625-square-foot lot that is zoned RM-1. The property is currently occupied by a fully renovated residence that is available for immediate rental income. In addition to the existing home, the site features DRB-approved plans for a modern four-story, seven-unit residential building. The design includes a mix of one- and two-bedroom units, private balconies, a rooftop pool, ground-floor parking, and modern architecture. Located just blocks from the beach and Collins Avenue, the property is positioned in a rapidly developing part of North Beach, close to parks, shops, and restaurants.

Frequently Asked Questions

What is the zoning and development potential of this property?

The property is RM-1 zoned and comes with Design Review Board (DRB) approved plans for a 4-story, 7-unit boutique residential building. This approval significantly reduces development risk and helps expedite the permitting process.

Is there an existing structure on the site?

Yes, there is a fully renovated 3-bedroom, 2-bathroom single-family home on the property. It features a new roof and impact windows.

How large is the land, and what are the development plans?

The site is 5,625 square feet. The approved development plans include a 4-story building with a mix of one- and two-bedroom residences, private balconies, a rooftop pool and lounge, and ground-floor parking.

What is the price of the property?

The property is listed for $1,290,000.

Where is the property located?

The property is located at 775 81st Street, Miami Beach, FL 33141. It is in the Biscayne Bay South neighborhood, just blocks from the beach, Collins Avenue, parks, and shops.

Monthly Fees & Carrying Costs

  • Membership Required: No

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Address

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  • Address: 81ST
  • City: Miami Beach
  • Zip/Postal Code: 33141

Details

Updated on August 19, 2026 at 7:53 pm
  • Property ID B26051713
  • Price $1,290,000
  • Property Size 1545 Sq Ft
  • Bedrooms 3
  • Room 1
  • Bathrooms 2
  • Year Built 1951
  • Property Status Active, Residential

Additional details

  • Flooring Other
  • Bedroom Features Other
  • Cooling Central Air
  • Area Biscayne Bch Sub
  • Annual Tax 7000
  • Association No
  • Private Pool No
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision BISCAYNE BCH SUB
  • Total Stories 1
  • Restrictions No Restrictions
  • Parking 1 Space, Driveway, Parking Garage
  • Heating Central
  • Structure Type House
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 1979
  • Covered Spaces 1
  • Middle School Nautilus
  • High School Miami Beach
  • Half Bathrooms 0
  • New Construction No
  • Garage Spaces 1
  • Lot Size (Sq Ft) 5650
  • Membership Purchase Required No

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