2125 Bay Dr | Miami Beach, FL 33141
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This Multifamily Property is no longer advertised on LoopNet.com.
2125 Bay Dr
Miami Beach, FL 33141
Normandy Isles Permit-Ready Bayview Project · Multifamily Property For Sale
·
3 Units

Investment Highlights
- Rare opportunity to develop a water-view boutique project
- Existing improvements include a fully-occupied triplex with (1) 2 Bed / 1 Bath unit and (2) 1 Bed / 1 Bath units generating positive cash-flow.
- Plans fully approved and mid-way through permitting, nearly shovel-ready
- Capitalize on the site’s centrally-connected island community location.
Property Facts
| No. Units | 3 | Building Size | 2,255 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 2.66/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | RM-1 - Multifamily, Approved Density: 10 units, Approved Height: 4 stories | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,255 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1940 |
| Parking Ratio | 2.66/1,000 SF |
| Zoning | RM-1 - Multifamily, Approved Density: 10 units, Approved Height: 4 stories |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
Links
Property Taxes
| Parcel Number | 02-3210-011-0730 | Improvements Assessment | $133,947 |
| Land Assessment | $778,900 | Total Assessment | $912,847 |
Property Taxes
Parcel Number
02-3210-011-0730
Land Assessment
$778,900
Improvements Assessment
$133,947
Total Assessment
$912,847
Listing ID: 39593920
Date on Market: 2/26/2026
Last Updated:
Address: 2125 Bay Dr, Miami Beach, FL 33141
The Normandy Isles Multifamily Property at 2125 Bay Dr, Miami Beach, FL 33141 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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