8041 NE Bayshore Ct
Miami, FL 33138
Multifamily Property For Sale · 5 Units

Legacy on Biscayne Bay offers a rare 164± feet of direct Biscayne Bay frontage on a private, Miami-side waterfront site facing North Bay Village's emerging luxury district. The ±0.57-acre assemblage is improved with four existing waterfront residences (±2,200 SF each, 3 stories, 3 bedrooms), generating income today while ownership evaluates redevelopment, repositioning, or long-term hold strategies. Zoned T6-8-L, the site supports up to 8 stories as of right, with additional density and height available through Miami 21's Public Benefits Program, subject to approvals.
With 150 DU/AC density potential (approximately 85 dwelling units or 170 lodging keys) and a base FLR of 123,600 SF (154,500 SF with bonus), the property offers multiple paths forward — private waterfront compound, boutique luxury residences, or a branded residential/hospitality concept. Located minutes from Miami Beach, Bal Harbour, the Design District, Wynwood, Downtown Miami, and Brickell, the site sits directly across the bay from North Bay Village's active wave of luxury residential, hospitality, and mixed-use investment. All zoning, environmental, and Public Benefits Program assumptions are preliminary and subject to independent verification by buyer and buyer's consultants.
BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.