2125 Bay Dr, Miami Beach, FL 33141

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.

Building & Association

Building Name

ISLE OF NORMANDY MIAMI VI

Association

No

Lot & Construction

Lot Features

Urban Area Development, Other Lot Description, Regular Lot

Lot Size Square Feet

7,789

Waterfront

Yes

View

No

New Construction

No

Public Records

Parcel Number

02-32-10-011-0730

Tax Annual Amount

$17,125

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County

Location