A Rare Wide Bay Waterfront Property and opportunity to acquire a prime waterfront, unobstructed, panoramic bay and downtown Miami skyline views. Situated on an 8,850 SF lot this property offers the ultimate Miami waterfront lifestyle — with no fixed bridges to the ocean for seamless boating access. Existing grandfathered boat dock pilings significantly enhance the property’s value. Offering RM-1 zoning, this site presents compelling redevelopment potential. With an allowable 1.25 FAR, the property supports approximately 12,000+/- square feet of buildable living area, with a maximum height of 55 feet. The property is non-historic, providing flexibility and a clear path toward creating a landmark waterfront estate or boutique condominium development. Whether envisioned as a trophy single-family compound or a luxury residential project, this is a premier development opportunity in one of the most desirable waterfront corridors.
Based on the average sale price from the Miami Beach, FL office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Miami Beach, FL is a Single Family Home for sale at $5500000 with 2684 sqft and a lot size of Acre(s). Miami Beach has 4 bedrooms, 4 baths and was built in 1951. The property's zip code is 33141 which is in Miami Beach, FL
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.