About 2125 Bay Drive
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.
Features of 2125 Bay Drive
| MLS® # | A12101979 |
|---|---|
| Price | $2,575,000 |
| Acres | 0.18 |
| Type | Land / Boat Docks |
| Sub-Type | Unimproved Land |
| Status | New |
Community Information
| Address | 2125 Bay Drive |
|---|---|
| Area | 2320 |
| Subdivision | ISLE OF NORMANDY MIAMI VI |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33141 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | None,Bay Front |
Exterior
| Lot Description | Other, Regular Lot |
|---|
School Information
| Elementary | Treasure Island |
|---|---|
| Middle | Miami Beach Nautilus |
| High | Miami Beach |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lamarca & Co. Inc |
|---|