1580 Bay Rd

$8,700,000

1580 Bay Rd South Beach

153

Home61's Closings in

South Beach

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 34,112
$ /sqft
-
Half Bath/WC
-
Parking Space
12
Building
-
On market
33 days
$ /sqft
-
Type
other
Year Built
1954
Unit
-
Zip Code
33139
Ref./MLS ID
A11847604

DESCRIPTION

Rare full corner assemblage development opportunity in miami beach! 3 parcels include three fully leased fourplexes on 15,250 sf of land in a quiet, bay acess, no-flood zone just steps from lincoln rd, new 50,000 sqft whole foods under construction, and sunset harbour.  Zoned rm-2 with 2.  0 far and 60-ft height as-of-right, the site allows for approximately 30,500 buildable sf ideal for 30 boutique luxury condo units.  Generate income during planning from 12 units.  24 bed 18 baths.  Surrounded by high-performing luxury projects like monad terrace and capri.  There is also significant potential under florida’s live local act (sb 102), which may allow increased height, far (up to 3.  0), and additional development flexibility if a rental project with 40% affordable/workforce housing is pursued.  


Data is provided by Miami Board of Realtors.

Public transportation

West Av & 15 Te
123
2 mins
West Av & 15 Tr
123
2 mins
West Av & #1620
123
2 mins
West Av & Lincoln Rd
123
2 mins

Nearby School In South Beach

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
5
Miami Beach Senior High School
9-12
0.9 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.7 miles
9
South Pointe Elementary School
PK-5
1.1 miles
NR
Landow Yeshiva Center
PK-12
0.5 miles
Neighborhood

South Beach

  • fashion
  • beach
  • ocean
  • nightlife
  • party
  • restaurants
  • bars
  • condos
  • ocean front homes
  • luxury
  • miami

  •  
Listed on July 29, 2025 by Shana Santalla from Lifestyle International Realty, this other is for sale. other for sale in South Beach listed at $8,700,000, Reference A11847604

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information 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. 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.