• Listing status icon

    $8,000,000

  • Active | MLS#: A10371911

412-416-424 Ocean Dr Miami Beach, FL 33139

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Listing provided courtesy of: RE/MAX Advance Realty

Overview

This property is suited as a multi-generational purchase for the long term investor. Such an investor will reap enormous rewards by acquiring this prime three parcel Ocean Drive property on world famous South Beach. Recent sales on vacant land on Ocean Drive are over $1,000 per square foot. The property consists of a renovated 23 unit apartment building & two adjacent parcels of land which are currently used as a parking lot. The total lot size 17,250 square feet. Of the total, 11,500 square feet is vacant land. this will permit significant development without the historical constraints on redevelopment of existing Ocean Drive buildings. There is a lease with the current tenants, paying a nominal rent, that expires in 26 years.

General Features

  • Year Built 1947
  • County Or Parish Miami-Dade County

Building Features

  • Parking Description Other Parking
  • Number of Stories 2.0000
  • Number of Parking Spaces 45
  • Heating Description Central Individual A/C
  • Door Height Door Ht 0-8'
  • Electric Service 110 Volts Power
  • Cooling Description Central Individual A/C
  • Sewer Description Public Sanitation

Property Features

  • Acreage Description 1+ To 2 Acres
  • Approximate Lot Size 17250
  • Water Description Public Water
  • Lot Sq Footage 5750

Listing agent photo

Mary Anne Eldreth

904-707-0212RE/MAX SPECIALISTS

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Price & Status History

Days on Market

  • This property has been listed on the market for 159 days
  • Average days-on-market for homes between $6,400,000 - $9,600,000 = 116 (in zip code 33139)

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

Mary Anne Eldreth

904-707-0212RE/MAX SPECIALISTS

Ask A Question

Community Demographics for Zip Code 33139 (Miami Beach)

Housing Occupancy
  • Home Owners: 8,020 (20%)
  • Renters: 17,188 (43%)
  • Vacant: 14,457 (36%)
  • Total Housing Units: 39,665
Households
  • Average Household Size: 1.61
  • Housing Density (People per square mile): 15,521
Age Range (number of people)
  • Age 0-14: 4,314
  • Age 15-24: 2,029
  • Age 25-39: 4,735
  • Age 40-59: 16,154
  • Age 60-79: 10,471
  • Age 80+: 4,048
  • Total: 41,751

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33139 (Miami Beach)

Public Schools in Zip Code 33139 (Miami Beach)

* This list of schools may not match the property above.

MIAMI BEACH SENIOR HIGH SCHOOL 2231 PRAIRIE AVE MIAMI BEACH, FL 33139 Phone: 3055324515 9th-12th
Grade Size Distribution
  • 9th: 529
  • 10th: 552
  • 11th: 512
  • 12th: 436
School Population
  • Teachers: 110
  • Students per Teacher: 18.4
  • Students: 2029
  • Male/Female: 1033/966
School District
  • DADE
  • 1450 NE 2ND AVE 912 MIAMI, FL 33132
  • Phone: 3059951430
District Population
  • Schools: 557
  • Full-Time Teachers: 22384
  • Students per Teacher: 15.4
  • Staff: 38954
  • Students: 345525
FIENBERG/FISHER K-8 CENTER 1420 WASHINGTON AVE MIAMI BEACH, FL 33139 Phone: 3055310419 PreK-8th
Grade Size Distribution
  • PreK: 47
  • Knd: 84
  • 1st: 104
  • 2nd: 82
  • 3rd: 119
  • 4th: 96
  • 5th: 81
  • 6th: 83
  • 7th: 113
  • 8th: 61
School Population
  • Teachers: 71
  • Students per Teacher: 12.3
  • Students: 870
  • Male/Female: 449/404
School District
  • DADE
  • 1450 NE 2ND AVE 912 MIAMI, FL 33132
  • Phone: 3059951430
District Population
  • Schools: 557
  • Full-Time Teachers: 22384
  • Students per Teacher: 15.4
  • Staff: 38954
  • Students: 345525
SOUTH POINTE ELEMENTARY SCHOOL 1050 4TH ST MIAMI BEACH, FL 33139 Phone: 3055315437 PreK-6th
Grade Size Distribution
  • PreK: 18
  • Knd: 81
  • 1st: 94
  • 2nd: 94
  • 3rd: 75
  • 4th: 99
  • 5th: 71
  • 6th: 54
School Population
  • Teachers: 36
  • Students per Teacher: 16.3
  • Students: 586
  • Male/Female: 294/280
School District
  • DADE
  • 1450 NE 2ND AVE 912 MIAMI, FL 33132
  • Phone: 3059951430
District Population
  • Schools: 557
  • Full-Time Teachers: 22384
  • Students per Teacher: 15.4
  • Staff: 38954
  • Students: 345525
MIAMI BEACH ADULT CENTER 1424 DREXEL AVE MIAMI BEACH, FL 33139 Phone: 3055310451
School Population
  • Teachers: 23
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • DADE
  • 1450 NE 2ND AVE 912 MIAMI, FL 33132
  • Phone: 3059951430
District Population
  • Schools: 557
  • Full-Time Teachers: 22384
  • Students per Teacher: 15.4
  • Staff: 38954
  • Students: 345525
SOMERSET ACADEMY WEST DAVIE 1228 WEST AVE 1405 MIAMI BEACH, FL 33139 Phone: 3056779600
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • BROWARD
  • 600 SE 3RD AVE 10TH FLOOR FORT LAUDERDALE, FL 33301
  • Phone: 7543212600
District Population
  • Schools: 325
  • Full-Time Teachers: 18728
  • Students per Teacher: 13.7
  • Staff: 31048
  • Students: 256351

Private Schools in Zip Code 33139 (Miami Beach)

* This list of schools may not match the property above.

Landow Yeshiva 1140 Alton Rd. Miami Beach, FL 33139 Phone: 3056735664 PreK-12th
Grade Size Distribution
  • PreK: 34
  • Knd: 28
  • 1st: 30
  • 2nd: 27
  • 3rd: 21
  • 4th: 12
  • 5th: 24
  • 6th: 6
  • 7th: 8
  • 8th: 9
  • 9th: 9
  • 11th: 30
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 199
Mesivta School Of Greater Miami Beach 1965 Alton Rd. Miami Beach, FL 33139 Phone: 3055385543 PreK-12th
Grade Size Distribution
  • 7th: 10
  • 8th: 16
  • 9th: 12
  • 10th: 12
  • 11th: 12
  • 12th: 8
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 70

* School data provided by US Department of Education


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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional