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DEVELOPMENT OPPORTUNITY IN MIAMI BEACH – FULLY APPROVED PLANS FOR 6 UNITS! Unlock the value of this 6,250 SqFt RM-1 zoned lot in the heart of Normandy Isles. Delivered with fully approved architectural plans for a stunning 3-story, multifamily building featuring: • 3 x 3BR / 2BA • 3 x 2BR / 2BA All units include private roof terraces, a shared pool, and on-site parking. The existing home is a renovated 4BR / 2BA residence with two full kitchens and separate entrances, offering excellent rental income potential while preparing for construction. FAR 1.25 | Plans approved by the City of Miami Beach – ready to build Located just minutes from Normandy Fountain, shops, parks, restaurants, and public transit.
| Unit # | Closed Date | Sold Price | List Price | Beds | Baths | Size (ft2) | $/ft2 | $/m2 | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 06/16/2025 | $1,875,000 | $1,995,000 | 3 | 3 | 1,780 | $1,121 | $12,064 | 83 | |
| 05/30/2025 | $850,000 | $998,000 | 4 | 3 | 1,983 | $503 | $5,417 | 132 | |
| 05/09/2025 | $969,000 | $969,000 | 4 | 2 | 1,805 | $537 | $5,779 | 29 | |
| 05/08/2025 | $1,295,000 | $1,399,900 | 4 | 4 | 2,282 | $613 | $6,603 | 217 | |
| 03/07/2025 | $800,000 | $845,000 | 3 | 2 | 1,217 | $694 | $7,474 | 105 | |
| 12/27/2024 | $840,000 | $865,000 | 4 | 3 | 1,912 | $452 | $4,870 | 66 | |
| 11/12/2024 | $1,020,000 | $1,200,000 | 3 | 3 | 1,927 | $623 | $6,703 | 69 | |
| 11/07/2024 | $900,000 | $1,100,000 | 2 | 3 | 1,500 | $733 | $7,894 | 70 | |
| 10/25/2024 | $122,125,121 | $132,000,000 | 12 | 16 | 21,681 | $0 | $0 | 252 | |
| 10/04/2024 | $1,050,000 | $1,136,500 | 4 | 3 | 2,542 | $447 | $4,813 | 133 | |
| 09/10/2024 | $1,375,000 | $1,390,000 | 4 | 3 | 2,325 | $598 | $6,435 | 87 | |
| 07/29/2024 | $890,000 | $950,000 | 6 | 3 | 2,437 | $390 | $4,196 | 159 | |
| 07/25/2024 | $600,000 | $850,000 | 3 | 2 | 1,816 | $468 | $5,038 | 61 | |
| 07/11/2024 | $1,025,000 | $1,049,000 | 3 | 2 | 1,702 | $616 | $6,634 | 258 |
This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by The Agency Real Estate Firm LLC.
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