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1940 Bay Dr, Miami Beach, FL 33141

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For Sale

$18,800,000

0.7 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.7 acres
    Lot size

Explore this Property

- Exceptional opportunity In Miami Beach with 216 ft of direct Biscayne Bay frontage - Coveted SW exposure with 5+ miles of unobstructed views direct to the Downtown Miami Skyline - The oversized 35,400 sqft lot currently has an income producing apartment complex - Unique zoning allows for Apartments, Condos or Villas/Single Family Homes - Site Plan approved for a luxury boutique condo building designed by Revuelta - The site is easily subdividable into 2, 3 or 4 Single Family Homes with unique RM-1 zoning - Overlooking La Gorce Island, and world famous North Bay road - Minutes to Palm Tree Club, Normandy Golf Course, North Bay Village, Miami Beach Paddle Club, and lively North Beach - 15 Min Drive to South Beach, Surfside, Bal Harbor Shops, Design District & Mimo
MLS# A11841772

Courtesy Of Beachfront Realty, Inc

(305) 405-0615

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    0.7 Acres

Map and Directions

Directions to 1940 Bay Dr, Miami Beach, FL 33141

Home seller CENTURY 21 King Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 King Realty

(305) 651-6161
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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