Incredible opportunity to build a 3-story, 5,300 SF custom residence, multi family or family office with a rooftop terrace overlooking downtown Miami. Ideally located within walking distance to the beach, in a rapidly evolving and expanding neighborhood. A rare chance to create the ultimate modern Beach Loft in one of Miami's most promising enclaves. Zoned RO (Residential Office) allowing single-family, multi-family and mixed use, with a maximum FAR of 0.75 (~5,315 SF permitted) and height of 33 feet from DFE.
Lot/land
$950,000
1240 71st St, Miami Beach, FL 33141
--beds
--baths
7,274Square Feet
Unimproved Land
Built in ----
7,274 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 104 days
- 158
- 14
Zillow last checked:
Listing updated:
Listed by:
Caroline Puren 305-458-8840,
Compass Florida, LLC
Source: MIAMI,MLS#: A12025206
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 7,274 Square Feet
- Features: City Lot, Corner Location, Dirt, Other, No Misc/Improvements
- Residential vegetation: Other Trees
Details
- Additional structures: Other Bldg Incl
- Parcel number: 0232100131570
- Zoning: 4800
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Sewer Connected, Underground Utilities, Water Connected, Other
Community & HOA
Community
- Subdivision: Oceanside Sec Isle Of Nor
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Tax assessed value: $921,310
- Annual tax amount: $16,510
- Date on market: 5/27/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $950,000+26.7% |
Source: | ||
| 5/21/2025 | Sold | $750,000+70.5% |
Source: Public Record Report a problem | ||
| 11/21/2013 | Sold | $440,000+46.7% |
Source: Public Record Report a problem | ||
| 2/14/2013 | Sold | $300,000-25% |
Source: Public Record Report a problem | ||
| 8/13/2012 | Sold | $399,750 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,510 +5.9% | $857,527 +10% |
| 2024 | $15,585 +16.4% | $779,570 +10% |
| 2023 | $13,392 +0.6% | $708,700 |
| 2022 | $13,316 -0.7% | $708,700 +3.3% |
| 2021 | $13,405 +5.7% | $686,021 +10% |
| 2020 | $12,680 +15.4% | $623,656 +10% |
| 2019 | $10,987 +3.2% | $566,960 +0.2% |
| 2018 | $10,649 | $565,967 +10% |
| 2017 | $10,649 +4.8% | $514,516 +10% |
| 2016 | $10,165 +20% | $467,742 +9.4% |
| 2015 | $8,467 | $427,376 |
Find assessor info on the county website









