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Normandy Isle Multifamily Development Opportunity
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1910 and 1920 Biarritz Dr, Miami Beach, FL 33141

Two contiguous lots with 8 units, development potential near the bay.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market1347

Property Features for 1910 and 1920 Biarritz Dr

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Multifamily

Building Details

Year Built 1948
Buildings 2
Stories 2
Units 8
Listing Agency: Howard Chase Real Estate, LLC
Listed By: Howard Chase · License #3175255
Source: Crexi
Added: Dec 29, 2022 Changed: Aug 25 Last Checked: Aug 31 at 6:19AM

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 Howard Chase Real Estate, LLC

Investment Insights

Based on property information with market context.

This is an extremely rare opportunity to acquire two prime, contiguous lots located one block from the bay in the burgeoning Normandy Isle neighborhood. The combined lots span 13,324 square feet and feature a turnkey 4-plex on each, totaling 8 units. Each unit contains one bedroom and one bathroom. This property presents a spectacular development opportunity to build a 5-story building with the potential for 18 or more units, parking, and a pool, depending on the design configuration. The location is just steps from Normandy Isle Park, the golf course, multi-million dollar waterfront homes, and Walgreens. It is also located just minutes from the beach, Publix, and the mainland. This is an investment opportunity that is relentlessly sought and almost never found.

Key Highlights

  • Two contiguous lots totaling 13,324 sq ft in Normandy Isle.
  • Development opportunity for a 5‑story building with 18+ units, parking, and pool.
  • One block from the bay in a desirable location.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Building Supply Locksmith Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two contiguous lots with 8 units, development potential near the bay.
Where is this quadplex located?
The property is located at 1910 and 1920 Biarritz Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Two contiguous lots totaling 13,324 sq ft in Normandy Isle.; Development opportunity for a **5‑story building with 18+ units, parking, and pool.**; One block from the bay in a desirable location.
(786) 566-3505 Call to check price and availability
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