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2150 Bay Dr, Miami Beach FL 33141

Commercial Recently Sold
$3,500,003

BTC: 55.55560317

ETH: 2,004.58361970

Sold on: 2026-05-08
58 days
Waterfront
0 room(s)

Overview

Bayfront redevelopment opportunity in the heart of Miami Beach. This rare waterfront property offers direct bay frontage with expansive water and city skyline views, just minutes from the beach, dining, and North Beach amenities. The site is ideally positioned for a boutique multifamily redevelopment and is supported by architectural renderings prepared by Kobi Karp Architecture & Interior Design, illustrating the potential for a modern waterfront residential project. Zoning allows for multifamily use with favorable development parameters in a highly sought-after Miami Beach location. Enjoy unobstructed bay views, stunning sunsets, and a prime location approximately 5 minutes from the ocean. The property benefits from a central North Beach location with convenient access to Bal Harbour, Surfside, and the broader Miami Beach corridor. An exceptional opportunity for developers or investors seeking bayfront land with strong redevelopment potential in a supply-constrained market.

Location

Florida • Miami Beach • 33141 • Commercial • Recently Sold • Waterfront

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,950,000
$610K – $7.4M
Confidence Low
List vs. estimate
$2.5M above estimate
List $4,470,000 · +129.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
12 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

View
Bay View
Waterfront
Yes
All facts and features

  • Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 02-32-10-051-0060

    • Zoning: 4000

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Residential

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Electricity Available

    • Natural Gas Available

    • Water Available

  • Source details

    • MLS ID: A11934383

    Other facts

    • Lot Features: Beach Area / City Location / 1-2.5 Acres

    • Waterfront: Yes

    • Water Source: Other

    • Lot Size Dimensions: 50x181

    • Subdivision Name: ENCLAVE TOWER CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
642
median $600K
Active
Same city
Miami Beach
2,612
median $650K
Active
Same type
Commercial
154
median $1.8M
Active
Similar price
$3.1M – $5.8M
206
median $4.2M
Active

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: Julies Realty, LLC