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$18,800,000
9 Days On Site

1940 Bay Dr
Miami Beach, FL 33141

For Sale|Multi Family|Active
0
Beds
0
Total Baths
29,213
SqFt
$644
/SqFt
1955
Built
County:
Miami-Dade
Call Now: 754-400-1566
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754-400-1566
1940 Bay Dr1940 Bay Dr1940 Bay Dr1940 Bay Dr
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Monthly Payment (Est.)

$85,773
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- 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

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Listing Snapshot
Price 
$18,800,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
29,213 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
35,400 Acres
Year Built 
1955
MLS® Number 
A11841762
Status 
Active
Property Tax 
$100,721
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $18,800,000
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Property Sub Type 
Multi Family
SqFt Total 
29213
Zoning 
3900
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Community Features
MLS Area 
32
Listing courtesy of Beachfront Realty Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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