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6949 Bay Dr - Miami Beach - Normandy Isle 0.22 Acres of Commercial Land Offered at $4,117,964 CAD in Miami Beach, FL 33141
INVESTMENT HIGHLIGHTS
- Strategic Location
- – Multifamily or Mixed-Use Residential Potential
- Minutes from beaches, dining, and major Miami corridors
- Rare Waterfront Lot in Miami Beach with canal frontage
- Zoned RM-1 – Multifamily or Mixed-Use Residential Potential
EXECUTIVE SUMMARY
A rare opportunity to acquire a vacant waterfront lot on the desirable Normandy Isle in Miami Beach. This 9,750 sq ft property is ideally zoned RM-1, allowing for a range of development options including luxury multifamily, or mixed-use residential. Situated on a wide canal with no fixed bridges, the lot offers direct water access and stunning views—perfect for adding docks or premium amenities.
Located within a revitalization zone backed by the City of Miami Beach, the area is poised for long-term growth with planned infrastructure improvements and increased demand. Just minutes from the beach, dining, and entertainment, this parcel combines location, flexibility, and long-term upside.
Whether you’re an investor looking to hold and appreciate or a developer ready to build, 6949 Bay Dr is a high-potential asset in a limited-inventory market.
Asking price $2,950,000 or Best Offer !
PROPERTY FACTS
1 LOT AVAILABLE
Lot 0232100130
| Price | $4,117,964 CAD | Lot Size | 0.22 AC |
| Price Per AC | $18,397,813.12 CAD |
| Price | $4,117,964 CAD |
| Price Per AC | $18,397,813.12 CAD |
| Lot Size | 0.22 AC |
Prime Waterfront Development Opportunity – 6949 Bay Dr, Miami Beach, FL 33141 A rare opportunity to acquire a vacant waterfront lot on the desirable Normandy Isle in Miami Beach. This 9,750 sq ft property is ideally zoned RM-1
DESCRIPTION
Exceptional opportunity to acquire a vacant waterfront development site on Normandy Isle, one of Miami Beach’s fastest-growing neighborhoods. This 9,750 SF lot offers direct canal access with no fixed bridges, ideal for future marina or dock-equipped residential uses. Zoned RM-1 (Residential Multifamily Low Intensity), the property allows for a wide range of development options including multifamily, boutique hotel, or mixed-use residential. Situated within the City of Miami Beach’s Normandy Isle Revitalization District, this site benefits from long-term infrastructure investment and increasing demand. The lot is fully cleared and ready for development, with utilities in place and no demolition required. Location: Normandy Isle is a rapidly developing submarket in Miami Beach, offering a unique mix of waterfront tranquility and urban accessibility. Just minutes from North Beach, Bal Harbour, and the Surfside District, the area is experiencing significant public and private investment.
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6949 Bay Dr - Miami Beach - Normandy Isle
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