Property description of Mixed Use

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.

Property Features