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$1,700,000
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Property Description
Prime Waterfront Investment Opportunity on Normandy Prime Waterfront Development Opportunity - 6949 Bay Dr, Miami Beach, FL 33141 A rare opportunity to acquire a vacant waterfront lot on the desirable Normandy Isle in Miami Beach. This 9,750 sq ft property is ideally zoned RM-1, allowing for a range of development options including luxury multifamily, or mixed-use residential. Situated on a wide canal with no fixed bridges, the lot offers direct water access and stunning views-perfect for adding docks or premium amenities. Located within a revitalization zone backed by the City of Miami Beach, the area is poised for long-term growth with planned infrastructure improvements and increased demand. Just minutes from the beach, dining, and entertainment, this parcel combines location, flexibility, and long-term upside. Whether you're an investor looking to hold and appreciate or a developer ready to build, 6949 Bay Dr is a high-potential asset in a limited-inventory market.
Full Property Details
Full Property Details for 6949 Bay Dr
General
- Price: $1,700,000
- Taxes: $18,391 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12025599
- Updated: 5/26/2026
- Added to Site: 7 day(s) ago
Location
- Area: Oceanside Sec Isle Of Nor
- County: Miami-Dade County
- Subdivision: OCEANSIDE SEC ISLE OF NOR
- Building Name: OCEANSIDE SEC ISLE OF NOR
Community
- Community Name: Oceanside Sec Isle Of Nor
Utilities
- Sewer: Other, Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Other, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Income (Other)
Lot Features
- Property View: Canal View, Other Water View
- Lot Size (Acres): 0.224
- Lot Size (Sq. Ft.): 9,750
- Lot Dimensions: 50 x 200
- Frontage Feet: 50
- Lot Features: City Location, Other Lot Description
- Potential Use: Central Urban, Open Land
- Zoning: 3900
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Seawall
Financial Considerations
- Tax Amount: $18,391
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Ownership: Corporation
- Legal Description: OCEAN SIDE SEC OF ISLE OF NORMANDY PB 25-60 LOT 26 BLK 1 LOT SIZE 50.000 X 195 OR 21134-3688 03 2003 1 COC 24726-0233 06 2006 6
- Inclusions: Dock Available, Private Dock
- Property ID: 02-32-10-013-0180
Listed by Related General Realty, LLC.
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Schools
Schools serving 6949 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 | 1.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6949 Bay Dr
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,700,000
295.35%
MLS
8/05/2010
Sold
$430,000
—
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 6949 Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,813
8%
$1,125,479
5%
2024
$18,391
5%
$1,076,729
—
2023
$17,477
6%
$1,076,729
—
2022
$16,427
2%
$1,076,729
—
2021
$16,100
9%
$1,076,729
87%
2019
$14,726
20%
$574,725
10%
2018
$12,245
3%
$522,478
-41%
2017
$11,891
2%
$881,960
104%
2016
$11,684
31%
$431,800
10%
2015
$8,903
-28%
$392,546
-26%
2014
$12,425
26%
$532,516
10%
2013
$9,845
—
$484,106
—
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 6949 Bay Dr
6949 Bay Dr, Miami Beach, FL 33141 (MLS# A12025599) is a Commercial Land property with a lot size of 0.224 acres. 6949 Bay Dr is currently listed for $1,700,000 and was received on May 26, 2026. Want to learn more about 6949 Bay Dr? Do you have questions about finding other Commercial Land real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

