2125 BAY DRIVE

Miami Beach, FL 33141

LEASE

THE ALPHA COMMERCIAL ADVISORS® PRESENTS 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.

Neighborhood

Asset Type

Deal Type

Sale

Property Status

Active

Price

$ 1,895,000

Agent Contact Information

JAMIE ROSE MANISCALCO
jamie@thealphacomm.com
201-264-0113

Asset Type: Multifamily / Approved Project
Lot Area: 7,789 SF (0.18 acres)
Existing Bldg Area: 2,255 SF
Existing Unit Count: 3 (Triplex)
Zoning: RM-1
Approved Density: 10 units
Approved Height: 4 stories
Approved Buildable Area: 9,732 BSF
Approved Site Plan: Yes
Seller-Financing Available: Yes

Jamie Rose Maniscalco

jamie@thealphacomm.com

201-264-0113

Miami Beach, FL 33141
$ 1995000

$300,000 (15.04%)

Asset Type: Multi-Family
Unit Count: 6
Bldg Area: 4,719 SF
Lot Size: 5,750 SF (0.13 acres)
Zoning: RM-1

Miami Beach, FL 33141
$ 1250000

Lot Area: 5,625 SF (0.13 acres)
Existing Bldg Area: 1,607 SF
Zoning: RM-1
Approved Density: 7 units
Approved Height: 4 stories
Approved Site Plan: Yes
Building Certification: Yes
Seller-Financing Available: Yes

Dania-Broward

LIBERTY CITY

OPA-LOCKA

Little Havana

Little River / West LITTLE RIVER

North Miami

Buena Vista/Little Haiti

El Portal/Miami Shores

Homestead

North Miami Beach/AVENTURA