6949 Bay DriveMiami Beach, FL 33141Price: $1,700,000

  • Price: $1,700,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,700,000List Price
  • 9,750Lot Size Square Feet
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.

Property Details of 6949 Bay Drive

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Gabriela Caceres of Related General Realty,LLC.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association 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. Data last updated on May 30, 2026

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