This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
$1,895,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
Property Description
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.
Full Property Details
Full Property Details for 2125 Bay Dr
General
- Price: $1,895,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11973166
- Updated: Today (2/26/2026)
- Added to Site: Today
Location
- Area: Isle Of Normandy Miami Vi
- County: Miami-Dade County
- Subdivision: ISLE OF NORMANDY MIAMI VI
- Building Name: ISLE OF NORMANDY MIAMI VI
Community
- Community Name: Isle Of Normandy Miami Vi
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,789
- Lot Dimensions: 55 x 140
- Frontage: Bay
- Frontage Feet: 55
- Lot Features: Beach Area, Less Than 1 Acre
- Potential Use: Central Urban
- Zoning: RM-1
Water Features
- Water Front: Yes
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Legal Description: MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 8 BLK 41 LOT SIZE 55.640 X 140 OR 18522-2792 03 1999 1 COC 26277-2048 02 2008 5
- Inclusions: None
- Property ID: 02-32-10-011-0730
Listed by The Alpha Commercial Advisors LLC
Get Pre-Approved Today
Schools
Schools serving 2125 Bay Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Treasure Island Elementary School 7540 East Treasure Drive, North Bay Village, FL 33141 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.6 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2125 Bay Dr
Date
Details
Price
Change
Source
2/26/2026
Listed
$1,895,000
91.41%
MLS
6/09/2023
Sold
$990,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2125 Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,125
—
$912,847
—
2024
$17,154
45%
$912,847
1%
2023
$11,822
46%
$904,475
4%
2022
$8,070
-51%
$865,530
2%
2021
$16,413
—
$850,461
10%
2021
$16,413
18%
$772,571
8%
2019
$13,962
14%
$715,784
10%
2018
$12,236
46%
$650,713
—
2017
$8,366
7%
$650,713
126%
2016
$7,785
15%
$287,824
10%
2015
$6,775
12%
$261,659
10%
2014
$6,058
38%
$237,872
10%
2013
$4,398
—
$216,248
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2125 Bay Dr
2125 Bay Dr, Miami Beach, FL 33141 (MLS# A11973166) is a Commercial Land property with a lot size of 0.18 acres. 2125 Bay Dr is currently listed for $1,895,000 and was received on February 26, 2026. Want to learn more about 2125 Bay Dr? Do you have questions about finding other Commercial Land real estate for sale in Normandy Isles? You can browse all Normandy Isles real estate or contact a Coldwell Banker agent to request more information.

