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Waterfront Development Land with Units
For Sale
$13,000,000

2130 /2140 Bay Dr, Miami Beach, FL 33141

Two contiguous bayfront parcels include two multifamily buildings with 10 income-producing units and direct water frontage.

Property Size6,702 SF
Lot Size0.41 Acres
Price / SF$1,939
Days on Market8

Property Features for 2130 /2140 Bay Dr

General Information

Standard status Active
Size 6,702 SF
Lot size 0.41 Acres

Additional Details

Multifamily Units 10
Listing Agency: Beachfront Realty Inc
Listed By: Marilina Apfelbaum · License #0662372
Source: Mymiahomes
Added: Jul 26 Changed: Jul 28 Last Checked: Aug 1 at 8:50AM

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 Beachfront Realty Inc

Investment Insights

Based on property information with market context.

This waterfront assemblage consists of two contiguous bayfront parcels totaling 17,918 SF, offering approximately 108 feet of direct water frontage. The property includes two existing multifamily buildings totaling 10 income-producing units, providing holding income while planning and permitting a future redevelopment.

The site is located at 2130/2140 Bay Dr in Miami Beach and is positioned directly across from North Bay Village within an active redevelopment corridor.

Additional information, including a rent roll, survey, and other due diligence materials, is available by request from the listing agent. Buyers should independently verify zoning, density, and development potential.

Key Highlights

  • Assemblage of two contiguous bayfront parcels totaling 17,918 SF with approx. 108 ft of direct water frontage
  • Includes two existing multifamily buildings with 10 income‑producing units
  • Currently provides holding income from existing cash flow while planning and permitting future redevelopment

Property Analytics

Current Use

Waterfront Land

Suggested Use

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

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,251
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
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two contiguous bayfront parcels include two multifamily buildings with 10 income-producing units and direct water frontage.
Where is this waterfront land located?
The property is located at 2130 /2140 Bay Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Assemblage of two contiguous bayfront parcels totaling 17,918 SF with approx. 108 ft of direct water frontage; Includes two existing multifamily buildings with 10 income‑producing units; Currently provides holding income from existing cash flow while planning and permitting future redevelopment
More about this property
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