Plan amendment

1 Ocean Drive, Miami Beach, FL

On municipal recordMiami 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

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
1 Ocean Drive, Miami Beach, FL
25.81060, -80.14890 · approximate (jurisdiction center)
Street view

At street level

Street view of 1 Ocean Drive, Miami Beach, FL
Google Street View · nearest outdoor imagery
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

  1. Filed with jurisdiction
    2026-07-22
    10 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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