1940 Bay Dr, Miami Beach, Florida 33141
MLS#: A11841772
$18,800,000 USD
Listed By Beachfront Realty Inc
The Commercial Property for Sale located at Miami Beach, Florida 33141 is currently for sale. Miami Beach, Florida 33141 is listed for $18,800,000. This property has Waterfront, Subdivision features. If the property located at Miami Beach, Florida 33141 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Miami Beach .
Date Updated : Jul 22, 2025
Property features
Key features
- Waterfront
- Subdivision
Description
- 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
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.