2125 Bay Dr, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2125 Bay Dr,Miami Beach, FL 33141
$2,575,000
Virtual Tour
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: antonieta lamarca
Office: lamarca & co. inc305-781-7034
MLS#:A12101979
Source:SEFMLS

Price summary

  • Price:$2,575,000

About this home

Advanced multifamily development opportunity in prestigious Miami Beach! This prime 7,789 SF lot located at 2125 Bay Drive offers an established development path for a proposed 10-unit residential project. The current program contemplates a 4-level building featuring approx. 9,732 SF of buildable FAR area, 15,636 SF total gross building area, and 5 parking spaces under RM-1 zoning. The prior structure has been fully demolished, providing a clean site ready for advancement. Architectural and technical progress includes Design Review Board (DRB) approval under Case No. DRB23-0961. Building, structural, mechanical, plumbing, and electrical technical reviews have been completed through an external City review cycle. Master Permit remains pending, subject to final City comment responses, resubmittal, and issuance. An outstanding acquisition for developers or investment groups seeking to capitalize on significant pre-development progress in a high-demand coastal market. Buyer must...

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Home facts

  • Subdivision & Development:ISLE OF NORMANDY MIAMI VI
  • Listing ID #:A12101979
  • Updated:October 07, 2026 at 12:20 PM

Structure and exterior

  • Lot area:0.18 Acres
  • Lot Features:Flood Zone, Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,575,000
  • Tax amount:$17,125 (2025)
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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