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775 81st St

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Miami Beach, FL 33141
$1,250,000
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  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

PRESENTING A SITE PLAN APPROVED INFILL DEVELOPMENT OPPORTUNITY WITH STREAMLINED PATH TO PERMIT & INTERIM INCOME IN DESIRABLE NORTH BEACH ENCLAVE. With Design Review Board (DRB) approval already secured and the project advancing toward construction permitting, this thoughtfully scaled residential project significantly reduces pre-development risk and provides a clear, efficient path toward ground-breaking. The approved plans contemplate a modern boutique building with rooftop amenities, private outdoor space, and a residential profile well-suited to the surrounding low-rise neighborhood fabric. Positioned amidst Miami Beach's enduring demand for newer housing options and limited competing product for approved projects, the opportunity presents a compelling timing advantage with existing cash-flow that allows development on a deliberate & flexible market-driven schedule while more than covering carry costs. The approved project on this site, Marina 81, is a 7-unit boutique modern infill development with Design Review Board (DRB) approval in place and advancing toward construction permitting. Fully entitled at the design level, the project features a thoughtfully curated mix of one- and two-bedroom residences, contemporary architecture, private balconies, ground-floor parking and a rooftop pool and lounge amenity, delivering a tailored solution to the evolving lifestyle needs of the surrounding North Beach area.

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    775 81st St, Miami Beach, FL 33141

    Property Stats

    Active Status

    PRESENTING A SITE PLAN APPROVED INFILL DEVELOPMENT OPPORTUNITY WITH STREAMLINED PATH TO PERMIT & INTERIM INCOME IN DESIRABLE NORTH BEACH ENCLAVE. With Design Review Board (DRB) approval already secured and the project advancing toward construction permitting, this thoughtfully scaled residential project significantly reduces pre-development risk and provides a clear, efficient path toward ground-breaking. The approved plans contemplate a modern boutique building with rooftop amenities, private outdoor space, and a residential profile well-suited to the surrounding low-rise neighborhood fabric. Positioned amidst Miami Beach's enduring demand for newer housing options and limited competing product for approved projects, the opportunity presents a compelling timing advantage with existing cash-flow that allows development on a deliberate & flexible market-driven schedule while more than covering carry costs. The approved project on this site, Marina 81, is a 7-unit boutique modern infill development with Design Review Board (DRB) approval in place and advancing toward construction permitting. Fully entitled at the design level, the project features a thoughtfully curated mix of one- and two-bedroom residences, contemporary architecture, private balconies, ground-floor parking and a rooftop pool and lounge amenity, delivering a tailored solution to the evolving lifestyle needs of the surrounding North Beach area.

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      Listing Courtesy of The Alpha Commercial Advisors LLC

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at April 6, 2026, 11:15 PM ET

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