pinkmiami

Search for a property

Miami Real Estate

Login

Create an account

Welcome Aboard!

Free account required
$18,800,000
For Sale

1940 Bay Dr,

Miami-Dade

Listed on July 22, 2025

Vacant Land

MLS® # A11841775
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$35,400 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$100,721

Description

- Exceptional opportunity In Miami Beach with 216 ft of direct Biscayne Bay frontage - Coveted SW exposure with 5+ miles of unobstructed views direct to the Downtown Miami Skyline - The oversized 35,400 sqft lot currently has an income producing apartment complex - Unique zoning allows for Apartments, Condos or Villas/Single Family Homes - Site Plan approved for a luxury boutique condo building designed by Revuelta - The site is easily subdividable into 2, 3 or 4 Single Family Homes with unique RM-1 zoning - Overlooking La Gorce Island, and world famous North Bay road - Minutes to Palm Tree Club, Normandy Golf Course, North Bay Village, Miami Beach Paddle Club, and lively North Beach - 15 Min Drive to South Beach, Surfside, Bal Harbor Shops, Design District & Mimo

Beachfront Realty Inc

Features & Details

Learn about the features and details of 1940 Bay Dr

Property Details

  • Property Type
    Vacant Land
  • Living Area
    -
  • Year Built
    Year Built
  • Lot Size
    35,400 sqft
  • Stories
    -
  • Annual Tax
    $100,721.00
  • List Date
    7/22/2025
  • Updated
    7/22/2025
  • Last Checked
    Recent
  • MLS Number
    #A11841775
  • Brokerage
    Beachfront Realty Inc
  • Postal Code
    33141
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Available
  • List Price
    $18,800,000.00
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1940 Bay Dr

Virtual Tour

Take a 3D tour of this property

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 1940 Bay Dr

Mortgage Calculator
Estimate monthly payments for 1940 Bay Dr
$0
20.0%
$18,800,000
1%
5.25%
10%
Estimated Monthly Payment

$90,127

Cash Flow Analysis
Mortgage Payment:
$90,126.86
Monthly Payment:
$98,520.27
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

Similar listings

Shop homes for sale similar to 1940 Bay Dr, Miami-Dade

Listed 1 day ago
1940 Bay Dr - 1
$18,800,000
0
0 sqft
-
Other
1940 Bay Dr
Beachfront Realty Inc
MLS#: A11841772
Listed 1 day ago
1940 Bay Dr - 1
$18,800,000
0
0 sqft
-
Other
1940 Bay Dr
Beachfront Realty Inc
MLS#: A11841775
Listed 7 days ago
1515 NW North River DR - 1
$18,000,000
0
0 sqft
-
Other
1515 NW North River DR
Karson & CO
MLS#: A11841869
Listed 1 month ago
A11825627 - 1
$18,500,000
0
0 sqft
-
Other
A11825627
Midtown Realty International Inc
MLS#: A11825627
Listed 1 month ago
5355 Hammock Dr - 1
$19,999,000
0
0 sqft
-
Residential
5355 Hammock Dr
Coldwell Banker Realty
MLS#: A11814063
Listed 3 months ago
6640 Allison Rd - 1
$18,500,000
0
0 sqft
-
Residential
6640 Allison Rd
Douglas Elliman
MLS#: A11778155

Similar Sold listings

Shop homes for sale similar to 1940 Bay Dr, Miami-Dade

Sold 7 months ago
932/940 88th St - 1
$17,500,000
$14,800,000
0
0 sqft
-
Residential
932/940 88th St
The Corcoran Group
MLS#: A11675643
Sold 13 months ago
1833 SW thru 1859 SW 3rd Ave - 1
$18,000,000
$14,000,000
0
0 sqft
-
Other
1833 SW thru 1859 SW 3rd Ave
BHHS EWM Realty
MLS#: A11528633
Sold 9 months ago
185 Solano Prado - 1
$19,990,000
$18,150,000
0
0 sqft
-
Residential
185 Solano Prado
Fortune Christie's International Real Estate
MLS#: A11466382
Sold 14 months ago
394 S Hibiscus Dr - 1
$17,000,000
$15,375,000
0
0 sqft
-
Residential
394 S Hibiscus Dr
Coldwell Banker Realty
MLS#: A11450680
Sold 24 months ago
6640 Allison Rd - 1
$18,500,000
$17,550,000
0
0 sqft
-
Residential
6640 Allison Rd
Rusty Stein & Company
MLS#: A11368194

About this property

Discover this stunning vacant land in the heart of Isle of Normandy Miami View, Miami Beach. Offered at $18,800,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1940 Bay Dr

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
Watch Property
1940 Bay Dr