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$3,850,000
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Property Description
Compass Commercial is pleased to present an exclusive opportunity: a rare, standalone mixed-use building on Miami Beach's celebrated Fifth Street. Situated at the gateway to the prestigious South of Fifth neighborhood, this property offers CPS-2 zoning-permitting residential, office, hotel, restaurant and bar uses, making it exceptionally flexible for investors or owner-users seeking to capitalize on Miami Beach's high-demand commercial corridor.The building features a prominent first-floor retail bay ideal for restaurant, bar, boutique retail, or fitness/Wellness concepts with strong street visibility and pedestrian traffic. The second floor provides adaptable space for corporate suites, executive offices, private health studios, or short-term/vacation rental conversion, each option benefiting from the area's steady flow of tourists, local residents and business travelers.This historic property, long recognized as a cultural and culinary destination, offers a rare blank canvas for redevelopment, repositioning, or continued operations. For entrepreneurs and investors targeting an iconic Miami Beach location with broad permissible uses under CPS-2, this asset represents a strategic and timely acquisition.
Full Property Details
Full Property Details for 819 5th St
General
- Price: $3,850,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12039454
- Updated: 6/19/2026
- Added to Site: 233 day(s) ago
Business
- Business Type: Commercial/Residential Income, Residential-Multi-Fa
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric
Utilities
- Sewer: Other
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Stories/Levels: 2
- Building Size: 7064
- Current Bldg. Use: Mixed Use
- Year Built: 1921
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Sq. Ft.): 3,600
- Lot Features: Location In A Flood Zone
- Zoning: 6503
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 W40FT OF LOTS 7 & 8 BLK 74 LOT SIZE 40.000 X 90 OR 15800-0907 0293 1
- Inclusions: Building & Land
- Property ID: 02-42-03-009-4980
Listed by Compass Florida, LLC
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Schools
Schools serving 819 5th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.7 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 819 5th St
Date
Details
Price
Change
Source
2/13/2026
Listed
$3,850,000
—
MLS
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
Tax History for 819 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,280
—
$2,253,714
—
2024
$42,352
1%
$2,253,797
1%
2023
$42,068
7%
$2,226,198
2%
2021
$39,288
-4%
$2,176,536
-2%
2022
$40,893
4%
$2,226,281
2%
2021
$39,288
12%
$2,176,619
35%
2019
$35,192
9%
$1,614,912
10%
2018
$32,266
18%
$1,468,102
-9%
2017
$27,413
4%
$1,620,259
34%
2016
$26,426
17%
$1,213,309
10%
2015
$22,671
7%
$1,103,009
10%
2014
$21,224
14%
$1,002,736
10%
2013
$18,539
—
$911,579
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 819 5th St
819 5th St, Miami Beach, FL 33139 (MLS# A12039454) is a Commercial Multi-Family property. 819 5th St is currently listed for $3,850,000 and was received on February 13, 2026. Want to learn more about 819 5th 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.

