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Investment Highlights

  • Residential Development

Executive Summary

+/- 5,650 SF development site at 7711 Carlyle Ave presents a compelling infill opportunity in the North Beach submarket of Miami Beach, an emerging residential corridor experiencing increased investor interest and ongoing public and private investment. The area benefits from its proximity to Collins Avenue and the beachfront, while remaining well-connected to Mid-Beach, Surfside, Bal Harbour, and the broader urban core of Miami, attracting both local and out-of-state
capital seeking exposure to Miami Beach’s evolving northern corridor.
The property benefits from strong accessibility to major thoroughfares including Collins Avenue and 71st Street, providing convenient connectivity throughout Miami Beach and to mainland Miami via key east-west corridors. Its location within a walkable, supply-constrained coastal neighborhood supports continued demand from developers targeting boutique residential projects in a high-barrier-to-entry market. Zoned RM-1, the site permits low-intensity multifamily residential development, making it well-suited for
boutique apartment or residential redevelopment consistent with the surrounding neighborhood fabric. Overall, the property represents a strategically located residential development opportunity in North Beach, appealing to developers and investors seeking to capitalize on the continued growth and transformation of Miami Beach’s northern submarket.

Property Facts

Price $1,350,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.13 AC
No. Stories 1
Zoning RM-1 - RM-1 zoning district is intended for low-density, low-rise residential buildings, including single-family homes and multifamily residences.

1 Lot Available

Lot

Price $1,350,000
Price Per AC $10,384,615.38
Lot Size 0.13 AC

±5,650 SF RM-1 site in North Beach, steps from Collins Ave and the beach. Strong access via 71st St & Collins with easy connectivity to mainland Miami; walkable coastal location.

Description

7711 Carlyle Ave is located in the North Beach neighborhood of Miami Beach, a coastal submarket experiencing increasing redevelopment activity as investment continues to expand north from Mid-Beach and Surfside. The surrounding area has seen a steady influx of residential repositioning and public improve- ments, reflecting the broader evolution of Miami Beach’s northern corridor. The property benefits from close proximity to key destinations including Collins Avenue, the North Beach Town Center, Mid-Beach, and Bal Harbour, while remaining well connected to mainland Miami via major east-west corridors. This positioning places the site within a submarket that continues to attract developers and investors seeking infill residential opportunities in a supply-constrained coastal environment. Connectivity to primary thoroughfares such as Collins Avenue and 71st Street provides efficient access throughout Miami Beach and to the greater Miami metropolitan area. This accessibility supports sustained demand for residential development in a walkable, amenity-rich neighborhood with proximity to the beachfront. Zoned RM-1 and comprising a ±5,650 SF development site, the property represents a well-located opportunity within Miami Beach’s North Beach submarket, appealing to developers seeking boutique residential projects in an area undergoing continued growth and reinvestment.

Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02-3202-007-1670
Land Assessment
$678,000
Improvements Assessment
$29,367
Total Assessment
$707,367
  • Listing ID: 40481752

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 7711 Carlyle Ave, Miami Beach, FL 33141

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