A Fort Lauderdale-based developer has proposed a boutique mixed-use development in Miami Beach’s South Of Fifth neighborhood.
The developer, 13 Jan Real Estate LLC, led by Oscar Pittini, plans to keep a portion of the existing single-story residential building at 829 Fourth Street adjacent to Meridian Court, which was constructed in 1952, and convert it to a mixed-use space.
The five-story development will feature four residential units, each spanning 1,886 square feet, with additional commercial space.
The application does not specify how the commercial space will be used or whether the units will be converted into condos or rentals.
Last year, Pittini paid $2.5 million for the 5,000-square-foot lot, which sits within the Ocean Beach Local Historic District, according to property records. The Miami Beach Historic Preservation Board will hear the proposal Oct. 10.
Source: Commercial Observer