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    2140 Bay Dr Miami Beach, FL 33141

    For Sale
    $4,999,999

    Multi Family - Miami Beach, FL

    Type:Single Family Attached
    Lot size:
    0.21 Acres
    Days on Market:
    108
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 2140 Bay Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    3900
    APN
    02-32-10-011-0600
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Water front features
    Navigable Water, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Beachfront Realty, Inc (305) 405-0615 [email protected]

    Listing agent Marilina Apfelbaum (305) 405-0615 License #0662372

    Listing date Aug 28, 2025

    MLS# A11657763 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Multifamily Development Opportunity

    This property presents an opportunity for developers with a waterfront lot located in Miami Beach. The site is situated in a rapidly growing area where developers have invested significantly in land acquisitions for new condos and apartments. The property features 8,959 square feet of land with 60 feet of waterfront access. Currently, the site hosts a five-unit multifamily building that generates steady income. An adjacent lot at 2130 Bay Drive is also available; combining both lots creates a total area of 17,918 square feet, allowing for larger developments. The zoning is 3900. The property is located in Miami Beach, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.144376
    Latitude
    25.851691

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    FAQs

    What type of property is this?
    Apartment building - Waterfront lot in Miami Beach, ideal for luxury development.
    Where is this apartment building located?
    The property is located at 2140 Bay Dr Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $4,999,999.
    What are key features of this property?
    This property features: - Waterfront property with 60 ft on the water.; - Development opportunity in a rapidly growing Miami Beach area.; - Land size of 8,959 sqft, with potential to combine with adjacent lot (2130 Bay Drive) for a total of 17,918 sqft.
    (305) 405-0615
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    Miami Beach, FL 33141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2140 Bay Dr Miami Beach, FL 33141
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