$10,000,000
$2M PRICE DROP

Estimated payment $57,920/month

Total Views 1,945
0.14 Acres
$71,428,571 Price per Acre
6,150 Sq Ft Lot

About This Lot

Prime development opportunity in the heart of North Beach, Miami Beach. This 6,250 SF lot offers exceptional potential for a boutique hotel or mixed-use hospitality project in one of the city’s fastest-growing areas. Currently operating with 11 licensed hotel rooms, the property presents immediate income with significant upside through redevelopment. Proposed plans envision a 6-story, approximately 21,800 SF project with up to 48 hotel keys, rooftop amenities, and ground-floor retail or hospitality space. Ideally located just two blocks from the beach, within walking distance to Collins Avenue, dining, and entertainment. Rare opportunity to develop a design-forward hospitality asset in a high-demand tourism market with strong long-term growth.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,090

Lot Details

  • 6,150 Sq Ft Lot
  • Property is zoned 3900

Property Views

  • Beach Views

Schools

  • Biscayne Beach Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Community Details

  • Atlantic Heights Subdivision
  • Net Operating Income $210,000

Listing and Financial Details

  • Assessor Parcel Number 0232110010290

Property Details

Property Type

Land

Est. Annual Taxes

$43,090

Lot Details

6,150 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Hotel/Motel
  • Property Sub Type Additional: Unimproved Land
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: Beach
  • Lot Features: 1-2 Acres, 2-3 Acres, Central Business District
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Elementary School: Biscayne Beach
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232110010290
  • Current Use: Hotel/Motel, Multi-Family, Unimproved
  • Lot Size Acres: 0.14
  • Lot Size: 6150
  • Lot Size Sq Ft: 6150.0
  • Mobile Dim Units: Feet
  • Zoning: 3900

Multi Family

  • Property Net Operating Income: 210000.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 43090.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,835 $2,230,000 $1,045,500 $1,184,500
2024 $37,793 $1,990,000 $1,045,500 $944,500
2023 $37,793 $2,000,000 $1,045,500 $954,500
2022 $23,905 $1,041,249 $0 $0
2021 $22,857 $946,590 $0 $0
2020 $19,793 $1,300,000 $1,045,500 $254,500
2019 $17,788 $1,150,000 $861,000 $289,000
2018 $16,328 $1,150,000 $861,000 $289,000
2017 $14,596 $646,536 $0 $0
2016 $14,178 $587,760 $0 $0
2015 $11,163 $534,328 $0 $0
2014 $10,817 $485,753 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 For Sale $11,800,000 +232.4% --
09/02/2022 09/02/22 Sold $3,550,000 -2.7% $756 / Sq Ft View Prior Sale
08/04/2022 08/04/22 For Sale $3,650,000 -- $777 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $4,000,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $295,000 --
Deed $100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,400,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $536,732 New Conventional
Previous Owner $175,000 Commercial
Previous Owner $1,400,000 Commercial
Previous Owner $1,000,000 Future Advance Clause Open End Mortgage
Previous Owner $445,000 Stand Alone First
Previous Owner $403,000 Commercial
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11992748

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3211-001-0290

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