- MLS® #: A11847604
- 1580 Bay Rd
- Miami Beach, FL 33139-3248
- $8,700,000
- 0.35 Acres
- Business
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.
View Virtual TourEssential Information
- MLS® #A11847604
- Price$8,700,000
- CAD Dollar$12,024,705
- UK Pound£6,416,163
- Euro€7,432,828
- Bathrooms0.00
- Acres0.35
- Year Built1954
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1580 Bay Rd
- Area32
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139-3248
Interior
- # of Stories2
- StoriesTwo
Exterior
- RoofShingle
- Office: Lifestyle International Realty
Property Location
1580 Bay Rd on www.jupiteroceanfrontcondos.us
Offered at the current list price of $8,700,000, this home for sale at 1580 Bay Rd features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139-3248 . 1580 Bay Rd is listed under the MLS ID of A11847604 and has been on the Miami Beach real estate market for 13 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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