2125 Bay Dr, Miami Beach, FL 33141

PRESENTING AN ADVANCED-STAGE COASTAL INFILL DEVELOPMENT OPPORTUNITY PAIRING SWEEPING BAY VIEWS WITH AN EXPEDITED PATH TO SHOVEL-READINESS. Following full Design Review Board (DRB) approval, this 10-unit, 4-story boutique project – Denbora III – is already deep into construction permitting, allowing a developer to bypass the most time-intensive front-end approval stages and move rapidly toward groundbreaking. The development is positioned to deliver modern housing stock into the water-surrounded Normandy Isles micro-market where bay-view options remain extremely limited. The surrounding island setting, defined by Biscayne Bay access and the Normandy Shores Golf Club, supports long-term desirability, while the existing fully-leased triplex provides in-place income that helps offset carrying and pre-development costs as the project advances toward construction start.

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of The Alpha Commercial Advisors LLC.