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775 81ST Street, Miami Beach, FL, 33141

3beds
2baths
1,545sqft
$1,290,000
$835price/sqft
$9,534/moest. monthly cost
$381,360/yrincome needed

About This Home

Exceptional development opportunity in the heart of Miami Beach's rapidly evolving North Beach neighborhood. This 5,625 SF RM-1 zoned site is offered with Design Review Board (DRB) approved plans for a modern 4-story, 7-unit boutique residential building, significantly reducing development risk and expediting the path toward permitting. The approved project includes a desirable mix of one- and two-bedroom residences with private balconies, rooftop pool and lounge, ground-floor parking, and contemporary architecture designed for today's market. The property also features a fully renovated 3-bedroom, 2-bath single-family home with a new roof and impact windows, providing immediate rental income while final permits are obtained. Located just blocks from the beach, Collins Avenue, parks, shopp

Getting Around

38
WalkingCar-Dependent
45
TransitSome Transit
54
BikeBikeable

Schools

7/10
5/10
Nautilus Middle SchoolGrades 6-83.6 mi
5/10

Construction

Condition

  • Property condition: To Be Built
  • Year built: 1951

Materials

  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Refrigerator,Water Heater,Washer
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,979
  • Total interior livable area: 1,545 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0232020081100
  • Zoning: 3900
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 5,650 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,522$78,264
Home Insurance *$1,017$12,204
Property Taxes $1,798$21,576
Electricity $197$2,366
Total$9,534$114,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$326,880/yr
40% on housing$286,020/yr
45% on housing$254,240/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$835This listing

vs Other Active Listings

Avg $/sqft

ZIP 33141$977
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33141$1,311
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Listed for sale$1,290,000
2026-05-05Listing removed$4,900
2026-04-21Listing removed$1,250,000
2026-04-20Listed for rent$4,900
2026-03-27Listed for sale$1,250,000
2025-08-13Listing removed$4,490
2025-08-11Listed for rent$4,490
2025-07-28Listing removed$4,490
2025-07-14Price change$4,490
2025-07-08Price change$4,590
2025-07-01Price change$4,690
2025-06-20Price change$4,790
2025-06-16Price change$4,890
2025-05-28Listed for rent$4,950
2025-04-11Sold$830,000
2025-03-27Pending sale$865,000
2025-01-29Price change$865,000
2024-12-23Listed for sale$875,000
2024-12-19Listing removed$4,800
2024-11-09Listed for rent$4,800
2024-11-07Listing removed$5,000
2024-07-13Listed for rent$5,000
2024-06-29Listing removed$895,000
2024-04-03Listing removed--
2024-03-11Listed for sale$895,000
2015-01-29Sold$370,000
2014-01-21Sold$285,000
2013-07-25Sold$238,400

For Sale by Agent

AgentSebastian Bosch
BrokerageProvidian Properties, Inc

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