Waterfront Opportunity at 8-10 Century Ln, Miami Beach

Rare waterfront property near The Standard on Venetian Islands offers 10,331 sqft with zoning for up to 14 luxury units or a private estate.
$12,500,000

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Florida Local Time --:--
MLS #A11802148
Listing Updated: 2026-07-12 00:32:42
Listed By: One Sotheby's International Realty

Overview

This unique waterfront offering at 8-10 Century Ln in Miami Beach presents an exceptional development opportunity. Comprising three parcels totaling 10,331 square feet, the site is zoned RM-1 with a 1.25 FAR and allows up to five stories in height. This flexibility supports a boutique, design-forward project featuring up to 14 luxury residences or a grand private estate with expansive terraces and bay views. Located adjacent to The Standard and within walking distance of Sunset Harbour, the property offers direct water access with potential for a private boat dock, making it a rare find for developers or end-users seeking a premier waterfront location with lifestyle-driven design possibilities.

Property Highlights

Three parcels totaling 10,331 sqft; RM-1 zoning with 1.25 FAR; up to 5-story building height; potential for 14 luxury units or private estate; adjacent to The Standard; walkable to Sunset Harbour; direct water access with boat dock potential.

Property Details

City: Miami Beach
State: FL
Zip Code: 33139
Address: 8-10 Century Ln, Miami Beach FL 33139
Year Built: 1941
Property Type: Residential
Property Sub Type: Single Family Residence
Listing Office Name: One Sotheby's International Realty
County: Miami-Dade County
Garage Spaces: 0
Parking Features: Driveway
Interior Features: First Floor Entry, No Additional Rooms
Exterior Features: None
Waterfront: Yes
Pool: No
HOA Fee: $0
Annual Tax: $46,749
Days On Market: 386 Days
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

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8-10 Century Ln, Miami Beach FL 33139

About This Neighborhood

Situated on the Venetian Islands, this property benefits from a sought-after Miami Beach neighborhood known for its scenic bay views and proximity to vibrant areas like Sunset Harbour. The neighborhood combines residential tranquility with easy access to dining, shopping, and waterfront amenities, making it a desirable place for both living and development.

Walkability & Lifestyle

This property enjoys a walkable location near Sunset Harbour, known for its restaurants, boutiques, and waterfront parks. Residents can easily access dining, shopping, and recreational areas on foot, enhancing daily convenience and lifestyle quality.

Things To Do Nearby

Nearby, residents can enjoy boating, waterfront dining, and cultural attractions. The proximity to Sunset Harbour and The Standard offers a range of leisure activities including waterfront parks, nightlife, and marina access, catering to diverse interests.

Nearby Schools

The Miami Beach area provides access to a variety of educational institutions, offering convenient options for families. The neighborhood’s residential character supports a community-oriented environment with schools accessible within reasonable distances.

Why Buyers Like This Area

Buyers appreciate this location for its combination of waterfront access, zoning flexibility, and proximity to vibrant Miami Beach neighborhoods. The ability to develop luxury residences or a private estate in such a prestigious setting is a key attraction.

Investment Potential

This waterfront property in Miami Beach offers considerable flexibility for development, appealing to those interested in creating luxury residences or a private estate. Its zoning allows for multiple units or a single grand home, making it suitable for diverse buyer profiles. The location near popular lifestyle destinations enhances its attractiveness for future residents or developers seeking a prestigious address with water access.

Rental Income Potential

While this property is primarily suited for development or private use, its location near Sunset Harbour and The Standard ensures strong tenant interest for luxury waterfront residences. Seasonal demand and lifestyle appeal contribute to its rental attractiveness, though potential investors should consider market dynamics carefully.
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