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$3,500,000
6949 Bay Dr,
Miami-Dade
Listed on May 26, 2025
MultiFamily
MLS® # A11809836
MultiFamily
MLS® # A11809836
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
9,750 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$18,391
Description
Vacant waterfront lot on Normandy Island special for investment Multifamily commercial zoning. Zoned for commercial multifamily use, apartments, hospitality. An economic and revitalization strategy master plan for the Normandy Island district has been approved by the city of Miami Beach that stretches from 63rd Street to 87th Street, which makes this a great investment. Discover a rare opportunity to acquire a property in the highly sough of Normandy Isles, making it an ideal investment for builders and developers seeking to capitalize on one of Miami's most desirable neighborhoods.
London Foster Realty
Features & Details
Learn about the features and details of 6949 Bay Dr
Property Details
- Property TypeMultiFamily
- Living Area-
- Year BuiltYear Built
- Lot Size9,750 sqft
- Stories-
- Annual Tax$18,391.00
- List Date5/26/2025
- Updated8/14/2025
- Last CheckedRecent
- MLS Number#A11809836
- BrokerageLondon Foster Realty
- Postal Code33141
- AreaMiami-Dade
- CityMiami Beach
Additional Property Features
- OccupancyAvailable
- List Price$3,500,000.00
- Unit Number-
- ConstructionConstruction
- HeatingHeating
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningNo
- ElevatorNo
- LockerNo
- Swimming PoolNo
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Mortgage Calculator
Estimate monthly payments for 6949 Bay Dr
$0
20.0%
$3,500,000
1%
5.25%
10%
Estimated Monthly Payment
$16,779
Cash Flow Analysis
Mortgage Payment:
$16,778.94
Monthly Payment:
$18,311.52
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 impressive multifamily in the heart of Isle of Normandy Ocean Side, Miami Beach. Offered at $3,500,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 6949 Bay Dr
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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6949 Bay Dr
6949 Bay Dr