Home » Properties » 8-10 Century Ln, Miami Beach FL 33139

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Prime Waterfront Commercial Property at 8-10 Century Ln, Miami Beach

Rare waterfront commercial opportunity near The Standard on Venetian Islands with zoning for luxury multi-family development or private estate.

$12,500,000

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MLS #A11803118

Listing Updated: 2026-07-12 00:32:46

Listed By: One Sotheby's International Realty

Overview

This exceptional waterfront property at 8-10 Century Ln in Miami Beach offers a unique chance to develop or own a prestigious site adjacent to The Standard on the Venetian Islands. Comprising three parcels totaling 10,331 sqft, the property is zoned RM-1 with a 1.25 FAR and allows up to five stories, enabling the creation of up to 14 luxury residential units or a grand private estate. Conceptual plans highlight a boutique, design-forward development or a compound-style retreat with expansive bay views, lush landscaping, and resort-style amenities. Its direct water access and potential for a boat dock enhance its appeal, while its walkability to Sunset Harbour adds lifestyle convenience.

Property Highlights

Waterfront location next to The Standard; 10,331 sqft total area; RM-1 zoning with 1.25 FAR; up to 5-story build height; potential for 14 luxury units or private estate; conceptual boutique development; direct water access with boat dock potential; walkable to Sunset Harbour.

Property Details

City: Miami Beach

State: FL

Zip Code: 33139

Address: 8-10 Century Ln, Miami Beach FL 33139

Year Built: 1941

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: One Sotheby's International Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $46,749

Days On Market: 386 Days

Original Listing Description

Once-in-a-lifetime waterfront opportunity directly next to The Standard on the Venetian Islands. Three parcels, totaling 10,331 SF, offering unmatched flexibility—zoned RM-1 with a 1.25 FAR and up to 5-story build height, allowing for up to 14 luxury units or a grand private estate. Conceptual renderings envision a boutique, design-forward development or a compound-style retreat with sweeping bay views, lush landscaping, expansive terraces, and resort-style amenities. Walkable to Sunset Harbour and offering direct water access with boat dock potential, this is a trophy site for developers or end-users seeking zoning versatility, premier location, and lifestyle-driven design.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

8-10 Century Ln, Miami Beach FL 33139

About This Neighborhood

Located on Century Lane in Miami Beach, this property benefits from its prime position adjacent to the Venetian Islands and near Sunset Harbour. The neighborhood is known for its upscale waterfront living, vibrant dining, and boutique shopping options. Residents and visitors enjoy easy access to marinas, parks, and cultural venues, making it a sought-after area for both lifestyle and convenience. The community blends residential tranquility with dynamic urban amenities, offering a balanced environment for homeowners and developers alike.

Walkability & Lifestyle

This property’s location offers excellent walkability to Sunset Harbour, known for its eclectic mix of restaurants, cafes, and boutique shops. Residents can enjoy leisurely strolls to waterfront parks and marinas, enhancing daily convenience and lifestyle quality. The surrounding area supports an active outdoor lifestyle with easy access to beaches, walking paths, and entertainment venues, making it ideal for those who value accessibility and vibrant community life.

Things To Do Nearby

Miami Beach provides a rich array of activities including waterfront dining, boating, and cultural events. Nearby Sunset Harbour offers trendy eateries and nightlife, while the Venetian Islands provide scenic views and outdoor recreation. Residents and visitors can enjoy golf courses, parks, and water sports, all within a short distance. This location supports a dynamic lifestyle with diverse options for leisure and entertainment throughout the year.

Nearby Schools

Miami Beach offers access to a variety of educational institutions, including public and private schools within reasonable commuting distance. Families considering this location benefit from convenient access to quality education options in the broader Miami area. The neighborhood’s residential character supports a family-friendly environment, complemented by nearby parks and recreational facilities that enhance the overall lifestyle for students and parents alike.

Why Buyers Like This Area

Buyers are attracted to this property for its rare waterfront location combined with flexible zoning that supports luxury residential development or a private estate. The adjacency to The Standard and proximity to Sunset Harbour enhance lifestyle appeal. The site’s size and zoning allow for creative architectural designs and upscale amenities, meeting the expectations of discerning buyers seeking exclusivity and convenience in Miami Beach’s competitive market.

Investment Potential

This waterfront commercial property in Miami Beach presents a flexible zoning opportunity with RM-1 designation, allowing for multi-family residential development or a private estate. The location next to The Standard on the Venetian Islands is highly desirable, offering direct water access and potential boat dock usage, which can attract tenants or buyers seeking lifestyle amenities. Its proximity to Sunset Harbour enhances its appeal for seasonal or long-term rental interest. The zoning and site size provide versatility for various development concepts, making it suitable for developers or end-users looking for a premier waterfront location with design-forward potential.

Market Trends

Miami Beach continues to attract interest for its waterfront properties, with demand driven by both local and international buyers. The RM-1 zoning allows for mid-rise residential development, which aligns with current market preferences for boutique, luxury living spaces. Inventory in this segment remains limited, enhancing the appeal of well-located parcels like this one. Buyers are increasingly valuing flexibility in zoning and the ability to create unique, lifestyle-oriented developments, which supports steady long-term interest in properties with similar characteristics.

Rental Income Potential

Properties with waterfront access and proximity to popular destinations like Sunset Harbour typically attract strong tenant interest, especially for seasonal rentals. The potential for up to 14 luxury units offers a range of rental configurations that can appeal to diverse tenant profiles. While rental income can vary based on market conditions, the location’s desirability and amenities contribute positively to occupancy prospects. Investors should consider the property’s flexibility and waterfront features as key factors enhancing its rental appeal.