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For Sale
Listed on April 17, 2025

2424 Bay Drive

$4,300,000
0 Beds
0 Baths
1,916 sqft
14 Parkings
Lot size
-
Annual Tax
$8,627
Occupancy
Vacant
Year Built
2026
Property type
Multifamily
#MLS
A11782981

Description

One or more photos has been virtually staged. Waterfront Development Gem. Plans and Permits Ready Current Income, Future Development Potential Seize this unique opportunity to develop a luxury waterfront enclave in the heart of the Sarasota-Bradenton growth corridor, where new construction is booming and demand for upscale living is soaring. Premier Corner Lot with Bay Frontage and 18 ft Deep Canal Access All Permits. Architectural Plans, and Renderings Included Project Scope: Build 3 boutique buildings, each with 2 high end townhomes 4 private docks on-site with potential to add 5 more Quick boating access to Sarasota Bay. Two existing waterfront townhomes currently generate income and offer immediate redevelopment. Fast track project: plans and permits already in.

Compass Florida, LLC

Features & Details

Learn about the features and details of 2424 Bay Drive

Property Details

  • Property Type
    Quadruplex
  • Living Area
    1,916 sqft
  • Year Built
    2026
  • Lot Size
    -
  • Stories
    3 Stories
  • Annual Tax
    $8,627.00
  • List Date
    4/17/2025
  • Updated
    10/2/2025
  • Last Checked
    Recent
  • MLS Number
    #A11782981
  • Brokerage
    Compass Florida, LLC
  • Postal Code
    34207
  • Area
    Other
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Vacant
  • List Price
    $4,300,000.00
  • Unit Number
    -
  • Construction
    Brick,Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air, Ceiling Fans, Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    Balcony,Open
  • 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 2424 Bay Drive

Virtual Tour

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Real estate trends

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Explore Other

Learn about the area around 2424 Bay Drive

Mortgage Calculator
Estimate monthly payments for 2424 Bay Drive
$0
20.0%
$4,300,000
1%
5.25%
10%
Estimated Monthly Payment

$20,614

Cash Flow Analysis
Mortgage Payment:
$20,614.12
Monthly Payment:
$22,133.04
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this exceptional quadruplex in the heart of Isle of Normandy Miami View, Miami Beach. This well-appointed property offers 1,916 square feet of living space. Originally built in 2026 in a 3-story building. Offered at $4,300,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 2424 Bay Drive

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.
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2424 Bay Drive