Biscayne Bay Waterfront
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1850 South Treasure Drive, North Bay Village, FL 33141
Contiguous waterfront land with existing multifamily improvements and RN-40 zoning.
Property SizeContact for details
Days on Market6
Property Features for 1850 South Treasure Drive
General Information
Standard status
Active
Property subtype
Multifamily, Land
Zoning
RN-40
Occupancy
100%
Investment Type
Redevelopment
Building Details
Year Built
1957
Buildings
2
Units
30
Tenancy
Multi
Listing Agency:
Allan Tahar R.E. Broker
Listed By:
Allan Tahar Berrabah · License #3234648
(305) 879-7378
Source:
Crexi
Added: Aug 30
Changed: Sep 2
Last Checked: Sep 3 at 11:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allan Tahar R.E. Broker
Investment Insights
Based on property information with market context.
This waterfront land assemblage includes three adjoining parcels at 1830, 1840, and 1850 South Treasure Drive in North Bay Village. The property encompasses approximately 36,000 square feet with 225 linear feet of direct Biscayne Bay frontage and is currently improved with 30 income-producing multifamily units. The existing improvements date to 1957 and provide an operating component alongside the underlying land position.
RN-40 zoning applies to the property. Open-water views extend toward Miami Beach and the Miami skyline, while the site is positioned between Miami Beach and mainland Miami. The waterfront location also places the assemblage within reach of Bal Harbour, Surfside, Bay Harbor Islands, Indian Creek, the Design District, Wynwood, and Downtown Miami. Any future redevelopment would remain subject to applicable zoning and governmental approvals.
RN-40 zoning applies to the property. Open-water views extend toward Miami Beach and the Miami skyline, while the site is positioned between Miami Beach and mainland Miami. The waterfront location also places the assemblage within reach of Bal Harbour, Surfside, Bay Harbor Islands, Indian Creek, the Design District, Wynwood, and Downtown Miami. Any future redevelopment would remain subject to applicable zoning and governmental approvals.
Key Highlights
- Approximately 36,000 square feet of contiguous waterfront land
- 225 linear feet of direct Biscayne Bay frontage
- Three adjoining waterfront parcels at 1830, 1840, and 1850 South Treasure Drive
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
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Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Contiguous waterfront land with existing multifamily improvements and RN-40 zoning.
Where is this waterfront land located?
The property is located at 1850 South Treasure Drive North Bay Village, FL.
What are key features of this property?
This property features: Approximately 36,000 square feet of contiguous waterfront land; 225 linear feet of direct Biscayne Bay frontage; Three adjoining waterfront parcels at 1830, 1840, and 1850 South Treasure Drive
