This Land Property is no longer advertised on LoopNet.com.

809 2nd St
Miami Beach, FL 33139
Land For Sale · 0.06 AC

INVESTMENT HIGHLIGHTS

  • Zoning is RPS-2.
  • Close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.06 AC

DESCRIPTION

Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.

PROPERTY TAXES

ZONING

Zoning Code RPS-2 (See Municode link below.)
  • Listing ID: 29991907

  • Date on Market: 11/7/2023

  • Last Updated:

  • Address: 809 2nd St, Miami Beach, FL 33139