$2,200,000
Active
$2,200,000
580 72 #1001
Miami Beach, FL 33141
4 bd2 ba1,177 sqft
72 Park
$1,890,0001 days on marketActive
759 Meridian, Miami Beach, FL 33139
Miami Beach, FL 33139
0
Sq Ft
0.1 acres
Lot Size
Listing Snapshot
| List Price | $1,890,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.1 acres |
| MLS # | 1179275463 |
| Status | Active |
| Days on Market | 1 |
About This Home
Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 2
- Parking Spaces
- 5
- Parking
- Guest
- Zoning
- 4900
- Security
- FireAlarm,Other,SmokeDetectors
- Utilities
- NaturalGasConnected
Interior Features
- Flooring
- Laminate,Tile
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Tile
- Lot Features
- CornerLot
Community Features
- MLS Area
- 2420
Map
Listed by Uri Redler · Location3 International, LLC.
MLS# 1179275463 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1179275463 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,512,000
%
Est. Monthly$10,315
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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