1940 Bay Dr, Miami Beach, FL 33141

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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1940 Bay Dr,Miami Beach, FL 33141
$18,800,000
Virtual Tour
  • 0.81 Acres
  • Lots / Land
  • Active
Listed by:samuel heskiel
Office:beachfront realty inc
MLS#:A11841775
Source:SEFMLS

Price summary

  • Price:$18,800,000

About this home

- Exceptional opportunity In Miami Beach with 216 ft of direct Biscayne Bay frontage - Coveted SW exposure with 5+ miles of unobstructed views direct to the Downtown Miami Skyline - The oversized 35,400 sqft lot currently has an income producing apartment complex - Unique zoning allows for Apartments, Condos or Villas/Single Family Homes - Site Plan approved for a luxury boutique condo building designed by Revuelta - The site is easily subdividable into 2, 3 or 4 Single Family Homes with unique RM-1 zoning - Overlooking La Gorce Island, and world famous North Bay road - Minutes to Palm Tree Club, Normandy Golf Course, North Bay Village, Miami Beach Paddle Club, and lively North Beach - 15 Min Drive to South Beach, Surfside, Bal Harbor Shops, Design District & Mimo

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Home facts

  • Listing Id #:A11841775
  • Updated:August 15, 2025 at 09:55 AM

Structure and exterior

  • Lot area:0.81 Acres

Finances and disclosures

  • Price:$18,800,000
  • Tax amount:$100,721 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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