2125 Bay Dr, Miami Beach, FL 33141
Local realty services provided by:First Service Realty ERA Powered
2125 Bay Dr,Miami Beach, FL 33141
$2,575,000
- 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 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....
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Home facts
- Subdivision & Development:ISLE OF NORMANDY MIAMI VI
- Listing ID #:A12101979
- Updated:October 06, 2026 at 11:54 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)
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