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Listed price in listed location currency (USD).
$2,575,000

000

MLS® A12101979

Overview

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $17,125
Days Active 2
Lot Size 0.178 Acres
Approx. Age 
MLS® Number A12101979

Property Address: 2125 Bay Dr, Miami Beach, FL, 33141-3676

Average square foot calculated using Size range provided by listing agent.

Description

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 independently verify all project details, plans, approvals, DRB status, permits, and zoning regulations directly with the City of Miami Beach and their professional advisors. Offered as an advanced development project and not as a shovel-ready site.
MLS® NumberA12101979
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

None

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