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Re-development Opportunity

$6,000,000

533-543 Meridian Avenue, Miami Beach, FL 33139

Active
Last Updated: 03/20/2025

Hotel

Development Type

12,730 sqft

Building Size

Details:
Development Type:    Hotel
Building Size:    12,730 sqft
Lot Area:    14,000 sqft
Price Per Sqft:    $717
Zoning:    CPS-2
Permits:    No
Buildable Area:    28,000 sqft
Highlights:
  • Redevelopment
  • 14,000sq ft lot
  • 12,730 sq ft existing construction
  • CPS-2 zoning
  • Shor term rentals
  • FAR 2.0
Description:

RE-DEVELOPMENT OPPORTUNITY

Zoned CPS-2 between 5th and 6th Street in South Beach. The zoning allows for commercial on the first floor and short-term rentals.
This is an excellent opportunity to acquire these two buildings for redevelopment. The existing structures comprise 25 units, featuring 1/1s and studios. Building 533 is 6280 sq. ft., and Building 543 is 6450 sq. ft. Each lot is 7000 sq. ft.
FAR 2.0
The building is a condominium, and the owners have decided it is time to sell.

Map:
Documents:
Title
533-543_Meridian_Brochure.pdf
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Location
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