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$3,900,000

  • For Sale
  • Active
  • Commercial Multi-Family
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Rare redevelopment opportunity in the heart of South of Fifth. Located at 233 1st Street, this property is positioned on one of Miami Beach's most desirable streets, moments from the beach, South Pointe Park, marinas, restaurants, and some of the area's top luxury developments. Zoned C-PS1. Existing structure requires complete renovation/redevelopment and is being sold as-is. Exceptional opportunity for investors, developers, or end users seeking a prime South of Fifth location with long-term upside.

Full Property Details for 233 1st St

General

  • Price: $3,900,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12024132
  • Updated: 5/26/2026
  • Added to Site: 135 day(s) ago

Business

  • Business Type: Commercial/Residential Income

Location

  • County: Miami-Dade County

Structural Information

  • Detached/Attached: Detached
  • Building Size: 2860
  • Year Built: 1924

Lot Features

  • Lot Size (Sq. Ft.): 4,000
  • Zoning: 6502

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: OCEAN BEACH FL SUB PB 2-38 E40FT OF W90FT LOTS 9 & 10 BLK 9 LOT SIZE 40 X 100 OR 17704-0457 0697 1 COC 26382-1853 04 2008 1
  • Property ID: 02-42-03-003-1180

Listed by PGutman, LLC

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Listing agent

— 233 1st St —

  • PGutman, LLC

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 233 1st St

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.3 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83.1 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 233 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$3,900,000
52.94%
MLS
10/25/2023
Sold
$2,550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 233 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,401
—
$2,153,550
—
2024
$40,468
11%
$2,153,550
—
2023
$36,585
9%
$2,143,954
—
2022
$33,451
—
$2,143,954
1%
2021
$33,424
10%
$2,126,679
71%
2019
$30,402
20%
$1,244,367
10%
2018
$25,264
3%
$1,131,243
-34%
2017
$24,449
2%
$1,724,079
84%
2016
$23,895
18%
$934,912
10%
2015
$20,313
27%
$849,920
10%
2014
$15,936
12%
$772,655
10%
2013
$14,285
—
$702,414
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by PGutman, LLC

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233 1st St, Miami Beach, FL 33139 (MLS# A12024132) is a Commercial Multi-Family property. 233 1st St is currently listed for $3,900,000 and was received on May 22, 2026. Want to learn more about 233 1st St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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