2125 Bay Drive, Miami Beach, FL 33141

$2,575,000 · Active

  • 0 baths
  • Unimproved Land
  • Lot 7,753.68 sq ft
  • Miami-Dade County
  • MLS# A12101979
  • Isle Of Normandy Miami Vi
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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.

Features

Schools

  • Elementary: Treasure Island
  • Middle: Miami Beach Nautilus
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Lamarca & Co. Inc · lamarcaandco@gmail.com · Listing agent: Antonieta Jacqueline Lamarca

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 2125 Bay Drive.

Questions About 2125 Bay Drive

How much is 2125 Bay Drive?
2125 Bay Drive is listed at $2,575,000. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 2125 Bay Drive?
The listing reports annual property taxes of $17,125 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
How long has 2125 Bay Drive been on the market?
2125 Bay Drive has been listed for 11 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 2125 Bay Drive waterfront?
Yes. The listing describes the water as none bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 2125 Bay Drive?
The MLS lists Treasure Island (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 2125 Bay Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby ZIP Codes

Other Miami Beach neighborhoods include Collins Park and Nautilus. Nearby ZIP codes include 33109 and 33139. This property also neighbors Bal Harbour, Sunny Isles Beach, and Miami. Compare it with the Miami Beach housing market report.