About this Property
Compass Commercial is pleased to present an exclusive opportunity: a rare, standalone mixed-use building on Miami Beach’s celebrated Fifth Street. Situated at the gateway to the prestigious South of Fifth neighborhood, this property offers CPS-2 zoning—permitting residential, office, hotel, restaurant and bar uses, making it exceptionally flexible for investors or owner-users seeking to capitalize on Miami Beach’s high-demand commercial corridor.The building features a prominent first-floor retail bay ideal for restaurant, bar, boutique retail, or fitness/Wellness concepts with strong street visibility and pedestrian traffic. The second floor provides adaptable space for corporate suites, executive offices, private health studios, or short-term/vacation rental conversion, each option benefiting from the area’s steady flow of tourists, local residents and business travelers.This historic property, long recognized as a cultural and culinary destination, offers a rare blank canvas for redevelopment, repositioning, or continued operations. For entrepreneurs and investors targeting an iconic Miami Beach location with broad permissible uses under CPS-2, this asset represents a strategic and timely acquisition.
Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.