OFF MARKET
$5,500,000
4
Beds4
Baths2,684
SqFt$2,049
$/SqFtHigh-End HouseProperty Type
1951Year Built
$2,049/SqFtPrice per sq ft
4 carsParking Spaces
Bay,OceanView
YesWaterfront
A Rare Wide Bay Waterfront Property and opportunity to acquire a prime waterfront, unobstructed, panoramic bay and downtown Miami skyline views. Situated on an 8,850 SF lot this property offers the ultimate Miami waterfront lifestyle — with no fixed bridges to the ocean for seamless boating access. Existing grandfathered boat dock pilings significantly enhance the property’s value.
Offering RM-1 zoning, this site presents compelling redevelopment potential. With an allowable 1.25 FAR, the property supports approximately 12,000+/- square feet of buildable living area, with a maximum height of 55 feet. The property is non-historic, providing flexibility and a clear path toward creating a landmark waterfront estate or boutique condominium development.
Whether envisioned as a trophy single-family compound or a luxury residential project, this is a premier development opportunity in one of the most desirable waterfront corridors.
Listing Courtesy Of: Compass Florida, LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 178 DaysUpdated: 8 Days agoPage Views: 0
Features
MLS Number: A12001806
Bedrooms
- Bedrooms: 4
Bathrooms
- Bathrooms: 4
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Deck
- View: Bay,Ocean
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, FirstFloorEntry
- Equipment / Appliances: IceMaker,None
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1951
- Year Built Description: Resale
- Style: Detached,TwoStory
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: Treasure Island
- Middle School: Nautilus
- Senior High School: Miami Beach
Other Property Info
- Garage: 4
- Listing Date: 2026-05-07T14:58:13.000-00:00
- Directions: Southwest
Taxes, Fees & More
- Taxes: 11961
- Parking Description: Driveway
Apples-to-Apples Comparables
Price History
Current
$5.5M
High
$5.5M
Low
$5.5M
Total Change
0%Date
Event
Price
Change
Price Per
06/16/2026
Price Reduced
$5.5M
0%$2,049 ft2
$22,057 m2
04/15/2026
Listed
$5.5M
$2,049 ft2
$22,057 m2
06/16/2026
$5.5M
Event
Price Reduced
Change
0%Price Per
$2,049 ft2
$22,057 m2
04/15/2026
$5.5M
Event
Listed
Price Per
$2,049 ft2
$22,057 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Andrew Rotondaro • Compass Florida, LLC • Buyer Agency Compensation .
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Community Snapshot
2 – 4 BR
Bedrooms
$725K – $5.5M
Price Tier
748 - 12,508
SqFt Range
1951
Year Build
5
Total Floors
178
Total Units
Subdivision Amenities
Elevators
Laundry
Maintenance
Pool
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- Riviera House3
- Rivo Alto House7
- Roney Palace Condo51
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- Star Island House1
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- Sunset Lake House6
- The Bentley Bay North Condo4
- The Bentley Bay South Condo1
- The Caribbean Condo5
- The Casablanca Condo0
- The Fountainhead Townhouse2
- The Grand Venetian Condo4
- The Manhattan Condo1
- The Residences At The Bath Club Condo4
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- The Ritz-Carlton South Beach Condo7
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- Tresor Tower Condo16
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- Yacht Club At Portofino Condo15
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