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$5,500,000

Miami Beach, FL 33141

Star Island

4

Bedrooms

4

Bathrooms

2,684

Sq Ft

1951

Year Built

About This Property

A Rare Wide Bay Waterfront Property and opportunity to acquire a prime waterfront, unobstructed, panoramic bay and downtown Miami skyline views. Situated on an 8,850 SF lot this property offers the ultimate Miami waterfront lifestyle — with no fixed bridges to the ocean for seamless boating access. Existing grandfathered boat dock pilings significantly enhance the property’s value.

Offering RM-1 zoning, this site presents compelling redevelopment potential. With an allowable 1.25 FAR, the property supports approximately 12,000+/- square feet of buildable living area, with a maximum height of 55 feet. The property is non-historic, providing flexibility and a clear path toward creating a landmark waterfront estate or boutique condominium development.

Whether envisioned as a trophy single-family compound or a luxury residential project, this is a premier development opportunity in one of the most desirable waterfront corridors.

Property Details

Property Type Residential
Status Active
Lot Size 8,850 sq ft
Days on Market 30
MLS # 2e2529aa90ed0b271cc6e4e638c7f917