Prime Miami Beach Development Site – 35,400 SF on Biscayne Bay
1940 Bay Dr Miami Beach, Miami Beach, Florida 33141
$18,800,000
$531 / sq ft Listed Sep 10, 2025
3
Beds
2
Baths
35,400 sqft
Building
35,400 sqft
Lot
About this property
Prime Miami Beach Development Site – 35,400 SF on Biscayne Bay is a single family for sale in Miami Beach, Florida, listed at $18,800,000. Key details: bedrooms 3, bathrooms 2, building size 35,400 sqft, lot area 35,400 sqft. Listed by Gisselle Morejon of Gigi's Homes Realtor on LoopingCloud and last updated September 11, 2025.
Discover this rare courtyard model, one of only seven in the desirable 55+ active community of Lakeridge Greens. Featuring a beautiful Spanish-style courtyard patio, this home offers a unique layout where the third bedroom is privately separated by the patio perfect as a home office, guest suite, in-law quarters, or even a rental.
The residence includes spacious walk-in closets, its own full bathroom, and is fully hurricane-ready with accordion shutters and a whole-home Generac generator. Enjoy the perks of a golf club community with no mandatory membership and the peace of mind of a double-gated entrance for added security.
Conveniently located near Publix, Walgreens, and CVS, this home combines comfort, style, and practicality. Don’t miss out bring your most selective buyers, as this rare find will not last!
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Bedrooms
- 3
- Bathrooms
- 2
- Building Size
- 35,400 sqft
- Lot Area
- 35,400 sqft
- Property Status
- Normal Sale
- Building Status
- Existing
- Total Units
- 3
Pricing and terms
$531
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $18,800,000 | - | - | - | - |
Location
Address as shown by the lister.
Get directionsAbout this area - Miami Beach
- Population
- 36,545
- Housing units
- 18,521
- Land area
- 2.2 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Prime Miami Beach Development Site – 35,400 SF on Biscayne Bay?
Prime Miami Beach Development Site – 35,400 SF on Biscayne Bay is listed at $18,800,000. That works out to about $531 per square foot.
Where is Prime Miami Beach Development Site – 35,400 SF on Biscayne Bay located?
The property is in 1940 Bay Dr Miami Beach, Miami Beach, Florida 33141, Miami Dade County.
What type of property is this?
This is a single family for sale in the residential category.
How big is the property?
The building is 35,400 sqft. The lot is 35,400 sqft.
Who do I contact about this listing?
Gisselle Morejon of Gigi's Homes Realtor listed this property. Use the Request Info button to send a message or call (195) 470-6036.
When was this listing published?
It was published on September 10, 2025 and last updated on September 11, 2025.
Listing information
- Listing ID
- RL-Florida-26239
- Published
- Sep 10, 2025
- Last updated
- Sep 11, 2025
- Views
- 164
Report a problem with this listing
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