Miami Beach, FL 33139,1580 Bay Rd
Miami Beach, FL 33139,1580 Bay Rd
Miami Beach, FL 33139,1580 Bay Rd
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James Glik

James Glik

+1(786) 344-3207
$8,700,000
Est. payment /mo
13,460 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,460 sqft

Price per Sqft $646

MLS Listing ID A11847604

HOA Y/N No

Year Built 1954

Annual Tax Amount $34,112

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Area 32

Exterior

Roof Type Shingle

Total Parking Spaces 12

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-32-33-023-0150

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11847604

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lifestyle International Realty

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 14
  • 10

    North Beach Elementary School

    Public | PK - 5

  • 8

    South Pointe Elementary School

    Public | PK - 5

  • 8

    Miami Children's Museum Charter School

    Public | PK - 5

  • 5

    Fienberg/Fisher K-8 Center

    Public | PK - 5

  • 0

    Fisher Island Day School

    Private | PK - 5

  • 0

    Key Point Academy

    Private | PK - 8

  • 0

    Temple Beth Shmuel Montessori

    Private | PK - KG

  • 0

    Rasg Hebrew Academy

    Private | PK - 12

  • 0

    St Patrick School

    Private | KG - 8

  • 0

    Casa Dei Bambini Montessori School

    Private | PK - 6

  • 0

    Mater Academy at Mount Sinai

    Public | KG - 4

  • 0

    Morningside Montessori School

    Private | PK - KG

  • 0

    Montessori Academy at St John's

    Private | PK - 2

  • 0

    Cushman School

    Private | PK - 8

Middle Schools 3
  • 4

    Nautilus Middle School

    Public | 6 - 8

  • 0

    Klurman Mesivta High School

    Private | 7 - 11

  • 0

    Mechina of South Florida

    Private | 7 - 12

High Schools 2
  • 4

    Miami Beach Senior High School

    Public | 9 - 12

  • 0

    Tree of Knowledge Learning Academy

    Private | 9 - 12

School and business data provided by Attom Data.

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James Glik

James Glik

+1(786) 344-3207

Agent | License ID: 3265723

Agent License ID: 3265723

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