Unimproved Land in 2125 Bay Drive, Miami Beach, FL 33141 for sale with MLS# A12101979

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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2125 Bay Drive, Miami Beach, FL 33141

Price
Price:
$2,575,000.00
Original List Price:
$2,575,000.00
List Price per Sq Ft (Calculated, Approx.):
$332.1
List Price per Sq Ft (Calculated, Approx.):
$330.59
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
October 6, 2026 4:00 am
Other Special Conditions:
County Jurisdiction
Measures
Lot Size Dimensions and Info:
7789
Lot Features:
Other, Regular Lot
Lot Size Acres:
0.178
Property Features
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Current Use:
Other
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$17,125.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities
Water Source:
Public
Community
Subdivision Name:
ISLE OF NORMANDY MIAMI VI
Senior Community:
No
Terms
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 8 BLK 41 LOT SIZE 55.640 X 140 OR 18522-2792 03 1999 1 COC 26277-2048 02 2008 5
Real Estate Folio Number (Parcel Number):
0232100110730
Zoning:
3900
Public Schools Assigned
Elementary School:
Vineland K-8
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
October 6, 2026
Listing Agreement executed on:
October 6, 2026
Listing Status Last Changed On:
October 6, 2026 4:00 am
Photos updated on:
October 6, 2026 7:50 pm
Last Modified:
October 7, 2026 2:06 am
Additional Information
Courtesy of:
Lamarca & Co. Inc
Attribution:
Not provided
Location
Street Name:
Bay
Street Number:
2125
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 6.6''
Longitude:
W81° 51' 22.9''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.