Tour
#A11749907, Joel Lusky, Listing office: The Brokerage South Florida Real Estate, LLC.
Property details
About 6949 Bay Dr
Vacant waterfront lot on Normandy Island special for investment Multifamily commercial zoning. Zoned for commercial multifamily use, apartments, hospitality. An economic and revitalization strategy master plan for the Normandy Island district has been approved by the city of Miami Beach that stretches from 63rd Street to 87th Street, which makes this a great investment. Discover a rare opportunity to acquire a property in the highly sough of Normandy Isles, making it an ideal investment for builders and developers seeking to capitalize on one of Miami's most desirable neighborhoods.
Highlights
Home typeMulti Family
StatusActive
Lot size0.224 Acres
MLS #A11809836
WaterfrontCanal
ViewCanal, Water
Virtual tour
Summary
- Waterfront: Canal
- View: Canal, Water
- List Price: $3,500,000
- Annual Tax Amount: $17,476
- Tax Year: 2023
- Directions: From I-95 take the 79th Street Causeway (JFK) that turns into 71st Street to Bay Drive, and on the right is the vacant corner lot that sits on the Indian Creek waterway with approximately 50 feet of water frontage, and 200 feet of frontage on 71st Street.
- Lot Size: 0.224 Acres
- MLS Number: A11809836
- MLS Name: SEFMIAMI
- Office Name: London Foster Realty
- Office Phone: (305) 514-0100
- Office Email: listings@londonfoster.net
- Listing Agent: Gabriela Caceres
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,076,729 | $17,476 |
| 2022 | $1,076,729 | $16,427 |
| 2021 | $1,076,729 | $16,427 |
| 2020 | $1,076,729 | $16,099 |
| 2018 | $522,478 | $12,244 |
| 2017 | $881,960 | $11,891 |
History based on county public records data.
Nearby schools
7
Biscayne Elementary School
Public District PK-5
0.4 mi
•800 77th St
3
Treasure Island Elementary School
Public District PK-5
1.4 mi
•7540 E Treasure Dr
10
Ruth K. Broad/Bay Harbor K-8 Center
Public District PK-5
2.0 mi
•1155 93rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,264. Typical income of Miami Beach, FL residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
49%
<35k
35%
35k-100k
10%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
14%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
48%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
IKEA
Banana Republic
H&M
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Chipotle
What do the neighbors drive?
Lexus
Toyota
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
Jazz- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6949 Bay Dr
The listing price of 6949 Bay Dr property is $3,500,000.
The property 6949 Bay Dr is land located in Miami Beach, Florida, 33141.
Active Listing: 6949 Bay Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6949 Bay Dr are: Biscayne Elementary School (GreatSchools Rating 7/10), Treasure Island Elementary School (GreatSchools Rating 3/10), Ruth K. Broad/Bay Harbor K-8 Center (GreatSchools Rating 10/10), Mater Academy Miami Beach (GreatSchools Rating 5/10), Nautilus Middle School (GreatSchools Rating 4/10), Horace Mann Middle School (GreatSchools Rating 4/10), Miami Beach Senior High School (GreatSchools Rating 4/10), Mast@Fiu (GreatSchools Rating 10/10), Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $17,476 (source: MLS/based on county public records data).
The property 6949 Bay Dr is 0.224 acres.
This home is located at 6949 Bay Dr in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $3,500,000.
In July 2025 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 89 were sold below. The inventory of homes for sale in Miami Beach, FL between June and July 2025 increased by 5.4%. While the average time on the market in July 2025 was 112 days, the median list price was $710,000.
From Rocket Homes Real Estate and based on county public records data.