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Multifamily Residential
$18,800,000
$18,000,000
4%
1940 Bay Dr Miami Beach, FL

A11841762

114 of 116 for Sale
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an agent
  • Listed On:

    Jul 22, 2025
  • Days on Market:

    6
  • Year:

    1955
  • Taxes:

    $100,721 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1940 Bay Dr Miami Beach, FL - Exceptional opportunity In Miami Beach with 216 ft of direct Biscayne Bay frontage - Coveted SW exposure with 5+ miles of unobstructed views direct to the Downtown Miami Skyline - The oversized 35,400 sqft lot currently has an income producing apartment complex - Unique zoning allows for Apartments, Condos or Villas/Single Family Homes - Site Plan approved for a luxury boutique condo building designed by Revuelta - The site is easily subdividable into 2, 3 or 4 Single Family Homes with unique RM-1 zoning - Overlooking La Gorce Island, and world famous North Bay road - Minutes to Palm Tree Club, Normandy Golf Course, North Bay Village, Miami Beach Paddle Club, and lively North Beach - 15 Min Drive to South Beach, Surfside, Bal Harbor Shops, Design District & Mimo

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