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Development Site in North Miami at 2305 NE 123rd St.

Development Site in North Miami at 2305 NE 123rd St.
FOR SALE
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2305 Northeast 123rd Street, North Miami, FL 33181

Property Description

Bayhaus is located at 2305 NE 123rd Street in North Miami, at the northeast corner of NE 123rd Street and North Bayshore Drive, with direct frontage along Biscayne Bay. This rare waterfront offering provides developers

the ability to acquire a fully approved luxury condominium site totaling approximately 1.13 acres with unobstructed bay exposure.


All approvals are already secured for a 10-story, 52-unit luxury residential tower featuring basement parking and supplemental surface spaces - dramatically reducing entitlement risk and accelerating the development timeline.

Positioned at a key gateway connecting North Miami, Bay Harbor Islands, and Bal Harbour, the property is uniquely situated to capture demand from buyers seeking new-construction waterfront residences with immediate access to beaches, high-end dining, and premier retail destinations.


Property Details

Asset Type

Development Site

Zoning

BZ

Lot Size

49,222 SF

Neighborhood

North Miami

Submarket

North Miami

ZIP

33181

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

$0

Cash-on-Cash Return

0.00%

Monthly Debt Service

$0

Annual Debt Service

$0

View on Map

Address

2305 Northeast 123rd Street

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North Miami Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Mika Mattingly

Mika Mattingly

Executive Managing Director

38 closed

Call
Cecilia Estevez

Cecilia Estevez

Associate

24 closed

Call
Bradley Arendt

Bradley Arendt

Director

20 closed

Call

Send a Message

Mika Mattingly

Mika Mattingly

Executive Managing Director

38 closed

Call
Cecilia Estevez

Cecilia Estevez

Associate

24 closed

Call
Bradley Arendt

Bradley Arendt

Director

20 closed

Call