819 5th St, Miami Beach FL 33139

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.

Virtual tour

Open the virtual tour (opens the tour provider’s site in a new tab)

Location

Fisher IslandMiami BeachDowntown MiamiBrickellNorth Bay VillageOpen the street map

819 5th St, Miami Beach FL 33139Open in Google Maps

Placed from the listing’s coordinates in the MLS. The street map loads from OpenStreetMap when opened. Coastline © OpenStreetMap contributors.