Commercial Sale · Income/MultiFamily
2130/2140 Bay Dr, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active47 days on marketListed Jul 1, 2026MLS #A12046409
About this property
The property at a glance
Premier waterfront development opportunity in the heart of Miami Beach. This assemblage consists of two contiguous bayfront parcels totaling 17,918 SF with approximately 108 feet of direct water frontage and two existing multifamily buildings containing 10 income-producing units. The existing cash flow provides holding income while planning and permitting a future redevelopment. Strategically positioned directly across from North Bay Village in one of South Florida's most active redevelopment corridors, surrounded by significant new luxury residential investment. An exceptional opportunity for developers, investors, family offices, and institutional buyers seeking a trophy waterfront land acquisition. Contact Listing Agent for rent roll, survey, and additional due diligence information. Buyer to independently verify zoning, density, and development potential.
6,702
Building sq ft
$1,940
Price / sq ft
0.4113
Lot acres
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$60,177/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Arlinda to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
9,198
Population
$99,060
Median income
48
Median age
2
Avg household
$477,014
Median home value
$1,724/mo
Median rent
850
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Recent sales
What actually sold near 2130/2140 Bay Dr
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,300
131 NE 77th St # 1, Miami FL 33138
Sold Nov 1, 2024
$1,550,000
130 NE 55th St, Miami FL 33137
Sold Dec 9, 2024
$1,000,000
11402 NE 8th Ct, Biscayne Park FL 33161
Sold Dec 19, 2024
Your team
The pros in your corner
Your agent
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 2130/2140 Bay Dr — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2130/2140 Bay Dr.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Beachfront Realty Inc · Marilina Apfelbaum. MLS #A12046409.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New MIAMI BEACH listings, in your inbox
A daily digest of every new listing in MIAMI BEACH — straight from the MLS, hours after it goes live. Unsubscribe anytime.