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Listed price in listed location currency (USD).
$8,700,000

0012

MLS® A11847604

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $34,112
Days Active 138
Approx. Age 1954
MLS® Number A11847604

Property Address: 1580 Bay Rd, Miami Beach, FL, 33139-3248

Average square foot calculated using Size range provided by listing agent.

Description

Rare full corner assemblage development opportunity in Miami Beach! 3 parcels include three fully leased fourplexes on 15, 250 SF of land in a quiet, BAY ACESS, no-flood zone just steps from Lincoln Rd, new 50, 000 sqft Whole Foods under construction, and Sunset Harbour. Zoned RM-2 with 2.0 FAR and 60-ft height as-of-right, the site allows for approximately 30, 500 buildable SF ideal for 30 boutique luxury condo units. Generate income during planning from 12 units. 24 bed 18 baths. Surrounded by high-performing luxury projects like Monad Terrace and Capri. There is also significant potential under Florida’s Live Local Act (SB 102), which may allow increased height, FAR (up to 3.0), and additional development flexibility if a rental project with 40% affordable/workforce housing is pursued.
MLS® NumberA11847604
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1954
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2025List Date
$8,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
1580 Bay Rd, Miami Beach, FL

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