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2140 Bay Dr, Miami Beach FL 33141

Commercial For Sale
$4,999,999

BTC: 78.12498437

ETH: 2,777.77722222

630 days
Waterfront
0 room(s)

Overview

OPPORTUNITY FOR DEVELOPERS! WATERFRONT lot in front of North Bay Village. A unique opportunity to acquire land to build luxury units in the fastest growing area of Miami Beach, where developers spent $143.5 million on land acquisitions, to build around 3,000 new condos and apartments. The land has 8,959 sqft. Currently there is 5 units multifamily generating stady income. 60 ft on the water. 2130 BAY DRIVE IS ALSO AVAILABLE, BOTH LOTS ARE 17918 SQFT IN TOTAL AND ALLOWS BIGGER DEVELOPEMENTS.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
0.21 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,990,000
$985K – $5.5M
Confidence Low
List vs. estimate
$3.0M above estimate
List $4,999,999 · +151.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $417K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,467
Waterfront
Navigable Water
All facts and features
  • Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 02-32-10-011-0600

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $22,467

  • Source details

    • MLS ID: A11657763

    Other facts

    • Waterfront: Yes

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc