233 1st St, Miami Beach FL 33139

$3,900,000

Description

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.

Listing courtesy of Viktoria Eldridge, PGutman, LLC · Updated 5/26/2026