Miami Beach, FL 33139Price: $2,599,000

  • Price: $2,599,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,599,000List Price
  • 5,000Lot Size Square Feet
This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. The property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until June 30, 2026

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Florencia Yagodnik of C W V Realty Group LLC

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on May 14, 2026

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