Rare waterfront development opportunity in the desirable Normandy Isles neighborhood of Miami Beach. This vacant ±9,750 SF parcel is zoned RM-1 and offers exceptional redevelopment potential. Preliminary zoning analysis indicates the site may support a boutique multifamily residential development, with potential density incentives available for qualifying workforce housing projects, subject to buyer verification and City approvals. Located within close proximity to beaches, parks, dining, retail, Bal Harbour, Surfside, and North Beach. Situated in one of Miami Beach's most active redevelopment corridors, this property presents a unique opportunity for developers, investors, and end users seeking a premier waterfront site.
Lot/land
$2,500,000
6949 Bay, Miami Beach, FL 33141
--beds
--baths
--sqft
VacantLand
Built in ----
-- sqft lot
$491,900 Zestimate®
$--/sqft
$-- HOA
What's special
Premier waterfront siteRare waterfront development opportunity
- 1 day
- 26
- 3
Zillow last checked:
Listed by:
Vanessa Gomez,
Engel & Völkers Miami
Source: Engel & Volkers,MLS#: AM-5534472
Estimated market value
$491,900
$443,000 - $546,000
$4,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $2,500,000+481.4% |
Source:  Engel & Volkers #AM-5534472 Report a problem | ||
| 6/16/2020 | Sold | $430,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Isle of Normandy
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