A grassy, vacant residential lot framed by large trees, with a fence and distant buildings under a cloudy sky. [AI-generated text]

Great Development Opportunity in Miami Beach! Waterfront Lot

$2,500,000~€2,229,823

Description

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.
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Engel & Völkers Miami

Your advisor: Vanessa Gomez

Property ID: AM-5534472

Property details
  • Object type

    Land

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