Plan amendment
1 Ocean Drive, Miami Beach, FL
4/ 5
High impact
Bedrock impact score
Action type
Plan amendment
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-07-22
Jurisdiction
Miami Beach, FL
Days on record
10 days
01Investment highlights
Why this deal matters
- Plan amendment in Miami Beach, FL
- Bedrock impact score 4 of 5 — High impact
- A ROS-to-Public-Facility redesignation removes this parcel from open-space protection and signals the City may be repositioning it for governmental or infrastructure development
- Watch for follow-on rezoning or RFP that could open a ground-lease or redevelopment play at a prime beachfront address.
- On the municipal record 10 days (filed 2026-07-22)
02Deal summary
The rationale
A ROS-to-Public-Facility redesignation removes this parcel from open-space protection and signals the City may be repositioning it for governmental or infrastructure development — watch for follow-on rezoning or RFP that could open a ground-lease or redevelopment play at a prime beachfront address.
Miami Beach is amending its 2040 Comprehensive Plan Future Land Use Map to reclassify 1 Ocean Drive from "Recreation and Open Space Including Waterways (ROS)" to "Public Facility: Governmental Uses (PF)."
03Deal facts
The filing record
- Jurisdiction
- Miami Beach, FL
- Action type
- Plan amendment
- Asset class
- Multi-asset · site-wide
- Status
- On municipal record
- Filed
- 2026-07-22
- Days on record
- 10 days
04Location
Where this sits
1 Ocean Drive, Miami Beach, FL
25.81060, -80.14890 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Miami-Dade County
2,705,528
Population
$53,975
Median HH income
902,200
Households
$1,237
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
10 Schools
7 Dining
4 Banks
2 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-07-2210 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
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