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$8,700,000
183 Days On Site

1580 Bay Rd
Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Total Baths
13,460
SqFt
$646
/SqFt
1954
Built
County:
Miami-Dade
Call Now: 786-704-8135
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786-704-8135
1580 Bay Rd1580 Bay Rd1580 Bay Rd1580 Bay Rd
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Monthly Payment (Est.)

$39,693
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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.

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Listing Snapshot
Price 
$8,700,000
Days On Site 
183 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,460 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.35 Acres
Year Built 
1954
MLS® Number 
A11847604
Status 
Active
Property Tax 
$34,112
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing first seen on site
6 months agoListing updated with changes from the MLS®
General Features
Acres 
0.35
Levels 
Two
Number Of Stories 
2
Parking Spaces 
12
Property Sub Type 
Multi Family
SqFt Total 
13460
Zoning 
4000
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Exterior Features
Roof 
Shingle
Community Features
Financing Terms Available 
Cash
MLS Area 
32
Listing courtesy of Lifestyle International Realty

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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