About this home
MOTIVATED SELLER!!!!!Prime Miami Beach Opportunity! Located in one of Miami Beach's most desirable and fast-growing neighborhoods, 2183 Bay Dr presents a rare opportunity for investors, developers, or end users looking to secure a property with incredible potential. Situated on a spacious lot in the heart of Normandy Isle, this property offers flexible possibilities with RM-1 zoning and current multifamily use. Whether you are looking to renovate, hold as an income-producing property, or explore future development potential, this address offers the perfect canvas. Enjoy proximity to the beach, shopping, restaurants, houses of worship, parks, schools, and everything Miami Beach has to offer.
Listing last checked: Listing updated:
Listed by Rachel Rabinian, Svetlana Voloshin · SVS Realty Group Inc · MLS #B26025747
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Laminate, Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1940
- Parking
- 1
- Roof
- Tile
Land & utilities4 property facts
- Lot size
- 0.18 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 3900
Financial2 property facts
- Annual taxes
- $10,000
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,441 / monthAdjust
- Principal & interest
- $9,607
- Property tax
- $833
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,000. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 2183 Bay Drive
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Request a tour of 2183 Bay Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.