Florida / Miami Beach / 33141 / 2070 Bay Drive

2070 Bay Drive

Q: What is the asking price for 2070 Bay Drive in Miami Beach?

The asking price for 2070 Bay Drive is $15,000,000

Q: What is the building size of this Multifamily property in Miami Beach, FL?

The size of the building/unit at 2070 Bay Drive in Miami Beach is 23,507 square feet.

Q: How much land does the Miami Beach, FL property at 2070 Bay Drive include?

2070 Bay Drive in Miami Beach includes 0.500 acres of land.

Q: What is the population within 1 mile of 2070 Bay Drive?

The population within 1 mile of 2070 Bay Drive Miami Beach, FL 33141 is 48,641 people.

Q: Who do I contact for questions about 2070 Bay Drive?

You should contact the listing agent, Ryan Shaw , for any details regarding this commercial listing.

Miami Beach, FL 33141

Listing ID: 275493

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Building Size: 23,507 SF

Lot Size: 0.500 AC

Land Size: 21,780 SF

Building $/SF: $638.11

Land $/SF: $688.71

Price

$15,000,000

Property Highlights

Adjacent to John F Kennedy Causeway, providing freeway access in and out of Normandy Isle.

Convenient access to Biscayne Bay and the surrounding beaches.

Potential pro-forma profits of over 8 million dollars.

Description

Marcus & Millichap is pleased to offer for sale Pierre On The Bay, a development site on Normandy Isle nestled along the west side of the Island. The site currently has a multifamily building on it, which is made up of 70 studios. The development site at 2050 Bay Drive is located directly on the Biscayne Bay, with direct frontage of the John F Kennedy causeway. The lot size is 35,405 square feet with a structure that is 23,507 square feet. This is an excellent opportunity to acquire a waterfront site in a sub-market of Miami Beach with a significant development pipeline.
Rare opportunity to acquire a waterfront site in Miami Beach, in a great location between North Bay Village and North Beach.
Significant development pipeline in the immediate area including seven mixed-use projects that have all been approved, one of which includes the first Target coming to the area.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 2070 Bay Drive Miami Beach, FL 33141

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		48,641	223,201	516,503
Population Median Age		38	41	40
Population by Age	0-9 Yrs	3574 (7%)	21777 (9%)	54311 (10%)
	10-19 Yrs	5581 (11%)	20956 (9%)	48749 (9%)
	20-29 Yrs	8366 (17%)	26897 (12%)	69333 (13%)
	30-39 Yrs	9920 (20%)	35741 (16%)	92858 (17%)
	40-49 Yrs	6937 (14%)	34628 (15%)	76003 (14%)
	50-59 Yrs	6868 (14%)	33121 (14%)	71301 (13%)
	60-69 Yrs	3865 (7%)	26277 (11%)	53539 (10%)
	70+ Yrs	3529 (7%)	23806 (10%)	50409 (9%)

Median HH Income		$57,172	$60,839	$58,294
Total Household Income	< 24K	3550 (18%)	18801 (19%)	47330 (21%)
	25-49K	4477 (23%)	21284 (21%)	45955 (21%)
	50-74K	3841 (19%)	17229 (17%)	37250 (17%)
	75-99K	3170 (16%)	10441 (10%)	24608 (11%)
	100-199K	3039 (15%)	18623 (18%)	37621 (17%)
	200K+	1272 (6%)	12207 (12%)	23805 (10%)

Highest Education Level	No Diploma	2746	13824	46692
	Diploma or GED	8364	32472	79188
	Some College	5304	26912	58675
	Assoc. Degree	4386	17239	35882
	Bachelors Degree	9625	43822	91736
	Higher Degree	5840	36403	73752

Total Housing Units		24,996	156,727	318,958
--Owner-Occupied		5,771	43,280	87,453
--Renter-Occupied		13,577	55,305	129,116
Owner-Occupied Values	< 100K	55	923	4529
	100-199K	798	4111	10320
	200-299K	1418	7045	15970
	300-399K	824	5403	11537
	400-499K	711	4734	9714
	500K+	1966	21064	35382

Total Working Age Population		41,615	188,873	433,358
In Work Force		30,418	126,547	292,137
Not In Work Force		11,197	62,326	141,221
Workforce Employed		29,448	121,714	276,317
Workforce Unemployed		923	4,659	15,470
Civlian Workforce		30,371	126,373	291,786
Military Workforce		47	173	351

Total Households		19,348	98,585	216,569
Family Households		11,019	53,545	112,996
Non-Family Households		8,329	45,040	103,573
Married Couple		7,227	39,269	76,161
Other Family		3,792	14,276	36,835
Married w/Child		2,788	13,115	26,154
Single Male w/Child		460	1,668	4,263
Single Female w/Child		1,820	6,478	13,996

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Miami-Dade County	2,253,362	+11	2,496,435	+15	2,861,579	+11	3,190,242
Monroe County	79,589	-8	73,090	+1	74,004	0	74,301

Common Questions and Answers

What is the asking price for 2070 Bay Drive in Miami Beach?

The asking price for 2070 Bay Drive is $15,000,000

What is the building size of this Multifamily property in Miami Beach, FL?

The size of the building/unit at 2070 Bay Drive in Miami Beach is 23,507 square feet

How much land does the Miami Beach, FL property at 2070 Bay Drive include?

2070 Bay Drive in Miami Beach includes 0.500 acres of land

What is the population within 1 mile of 2070 Bay Drive in Miami Beach?

The population within 1 mile of 2070 Bay Drive Miami Beach, FL 33141 is 48,641 people.

Who do I contact for questions about 2070 Bay Drive?

You should contact the listing agent, Ryan Shaw , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Miami International Airport (MIA)	10
Fort Lauderdale Hollywood International Airport (FLL)	15
Palm Beach International Airport (PBI)	58

2070 Bay Drive

Miami Beach, FL 33141

Property Highlights

Description

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Miami Beach Area Market Trends

Listing Demographics for 2070 Bay Drive Miami Beach, FL 33141

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Ryan Shaw

Marcus & Millichap

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